News
Driverless Cars Seen as Inevitable Game-Changer For Insurance and Transportation
Picture a work day that begins like this: You step out of your house and into a self-driving vehicle, which carries you comfortably and safely to your office while you read the newspaper. After ...
Swiss Re Rallies in Q1 With ‘Acceptable’ Rate of Policy Renewals
Swiss Re, the world's second-largest reinsurer, beat forecasts with a 17 percent rise in first-quarter net profit on Thursday, boosted by strong investment returns, and said it was able to renew ...
Swiss Re CFO: Regulators Should Keep Cat Bonds From Risky Repackaging
Swiss Re AG, Europe's second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. "It's important for traditional players like us and ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
Progressive, Chubb, W.R. Berkley Lead Pack of Solid P/C Investment Prospects: Morningstar
Progressive, Chubb and W.R. Berkley rise to the top of a property/casualty insurance sector that offers favorable opportunities for investors, Morningstar said in a new report. "We think the current ...
Beazley Grabs Former Hiscox Exec to Grow Miscellaneous Medical Business
Beazley Group brought on a former Hiscox executive to help expand its miscellaneous medical insurance capabilities. Christopher Dunlavy will be based in Beazley's Atlanta office. The miscellaneous ...
PartnerRe Bans Earnings Call Questions on EXOR’s $6.4B Bid
PartnerRe Ltd., the reinsurer that agreed to combine with Axis Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion ...
P/C Industry Risks Underestimating Walmart, Google, Other Market Upstarts
Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don't understand the innate complexities of the ...