News
For Insurers, Thunderstorm and Hurricane Losses Leave Equal Financial Impact
Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the past decade, severe convective storms have been the largest annual aggregated ...
P/C Insurers, Reinsurers, Saw 2016 North America Operating Earnings Decline
Property/casualty insurer and reinsurer operating earnings in North America dipped in 2016, hammered by factors including higher catastrophe losses, low investment yields and underwriting ...
EU Will Crack Down on States Luring Brexit-Impacted Businesses From UK
The European Commission is seeking to crack down on states using regulatory shortcuts to lure business from Britain and said on Tuesday it is considering a more powerful securities watchdog to ...
AI Can Help Insurance Industry Boost Human Interaction
Ask most people for their thoughts about robots and artificial intelligence (AI), and they will likely express apprehension over losing their jobs. As transformational as AI is, speakers at the 2017 ...
Google Pairs With Sister Company to Defend Election Groups Against Cyber Attacks
Google and sister company Jigsaw are joining forces to defend election organizers and civic groups against cyber attacks free of charge as the broader tech industry seeks to fend off criticism that ...
UK May Leave Brexit Talks Prematurely, EU Officials Warn
European Union officials are calling for the bloc to prepare for the U.K. to walk out of Brexit talks without a deal, according to a private memo and people familiar with the discussions. At a ...
Executives On The Move at XL Catlin, CNO Financial and RLI
XL Catlin promoted an executive to lead an important part of its Excess & Surplus insurance arm. CNO Financial Group made a number of executive changes within its organization. RLI Corp. promoted ...
Insurers, Reinsurers Key to Addressing $2.1 Trillion U.S. Infrastructure Spending Gap
With a U.S. infrastructure investment gap of nearly $2.1 trillion looming over the next decade, insurers and reinsurers may be key to help closing it, Swiss Re asserts in a new report. "The U.S. ...