Industry News
RenaissanceRe to Host Forum Addressing Lessons Learned from Superstorm Sandy
Catastrophe reinsurer RenaissanceRe is hosting approximately 150 leading environmentalists, policymakers, scientists and insurance industry experts at a forum to discuss the recovery of lower ...
Berkshire Hathaway’s Jain Chooses ‘Zero Maintenance’ Executive to Lead Gen Re
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a "secret weapon," "zero maintenance," and a "true ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Practical Tips for Disrupting Insurance Distribution
Creating anything less than an online agency directly offering bindable insurance rates from a limited selection of carriers won't cut it for technology companies trying to disrupt insurance ...
Training and Better Pay Help Counter Cyber Risks: Willis Towers Watson
Companies that deal with data breaches or cyber attacks have employees who see the corporate culture lacking in key areas, Willis Towers Watson asserts in a new analysis. It is not a new thing to ...
Liberty Mutual Launches $150M VC Fund Targeting Innovative Technology
Liberty Mutual formed a new venture capital arm devoted to investments in innovative technology useful to the insurance industry. Liberty Mutual Global Consumer Markets, Liberty Mutual's personal ...
Texas Hailstorms Fueled Allstate’s $633M Pre-Tax April Catastrophe Losses
Allstate reported $633 million in estimated pre-tax catastrophe losses for April, more than half of which came from three days of severe hailstorms in Texas. After taxes, the number comes in at $411 ...
Few UK Financial Firms Tackling Cyber Risks in Cohesive Way: Report
Firms across the financial and related professional services industry need to take urgent action on their cyber risks, which present a "real and present danger" to the financial system, according to ...
Radian CEO Ibrahim to Retire After Leading Mortgage Insurer Since 2005
Radian Group Inc., the second-largest U.S. mortgage insurer, said Chief Executive Officer S.A. Ibrahim will step down at the end of next year after steering the company through the financial crisis ...