News
Towers Watson: Global Insurers Increasingly Rely on Enterprise Risk Management
Close to 75 percent of global insurers insist they use enterprise risk management regularly to evaluate their business strategies, according to a new Towers Watson survey. At the same time, carriers ...
Auto Insurance Customers Comparison Shop But Increasingly Stay Put: J.D. Power Rankings
Auto insurers are finding it harder to attract new customers as consumers boost comparison-shopping, but stay put unless they find significant deals, J.D. Power found in its latest annual customer ...The Hartford’s P/C Profits Deteriorate in Q1
Hartford Financial Services Group Inc., the insurer that sold life units to focus on property-casualty coverage, said first-quarter profit fell 5.7 percent as results deteriorated at P&C units. ...
If You Don’t Have a CIO on Your Board, You’re in Trouble (and You May Not Even Know It)
It's a widely accepted truism in this new millennium—if not an entirely proven one—that technology drives innovation and innovation drives competitive advantage. Whether or not that's completely ...
Insurers Liable For Little of $2B Nepal Quake Cost
Damage in India could cost an additional $800 million, according to figures from the disaster-modeling firm that include property damage and long-term business-interruption costs. Less than 1 percent ...
RMS, AIR Worldwide Tally Catastrophic Damages From Nepal Earthquake
RMS and AIR Worldwide have issued early damage assessments from the catastrophic Nepal earthquake on April 25, pointing to huge fatalities and historic levels of damage to property and the economy. ...
Nepal Quake Kills Thousands; Hopes For Finding Survivors Fade
Hopes for finding survivors trapped under rubble began to fade 48 hours after Nepal's worst earthquake in decades even as rescuers ferried scores of climbers trapped on Mount Everest to safety. ...
Chubb’s CIO: ‘Innovation is a Muscle’ That Must Be Trained
For those of you who missed it, Carrier Management interviewed Chubb Chief Innovation Officer Jon Bidwell during an April 22 Twitter chat focusing on Bidwell's thoughts on innovation and how to spark ...