News
Allied World to Realign Most of Its Operations
Allied World Assurance Co. Holdings announced a realignment of most of its operations, the same day it disclosed 2014 third quarter earnings that reflected gains in pricing but hits on income due to ...
Disgruntled Workers Hacking Employers Is on the Rise, FBI Says
Employees with an ax to grind are increasingly using Internet cloud services and other computer tools to hack their current or former companies, according to the Federal Bureau of Investigation and ...
$100B Mega-Loss Could Soften Market Further: Willis
In a market report predicting that property insurance rates will decline further while casualty rates are sliding down too, broker Willis suggests that a mega-loss event won't turn the market, but ...
Chubb Thrives in Q3 on Higher Premium Revenue
Chubb Corp., the insurer of corporate boards and mega-yachts, said quarterly profit rose 9.8 percent in the company's first increase of the year as premium revenue increased. Third-quarter net income ...
Survey: Analytics Increasingly Informs P/C Homeowners Pricing
Property/casualty insurers are increasingly using analytics as a tool to help with their homeowners' pricing, reflecting a belief that the line could become a bigger growth engine than their auto ...
Ebola ‘Tipping Point’ Could Come By Late January: RMS
The Ebola virus disease outbreak in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic, according to a new report by catastrophic risk modeling ...
Drugmakers Seek Indemnity for Ebola Vaccines
Drugmakers are looking for some kind of indemnity from governments or multilateral agencies against possible losses or claims arising from the widespread emergency use of new Ebola vaccines in ...
AIG, Allianz and 7 Other Giant Insurers to Start Reporting Capital Ratios
Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year using a method presented by regulators today. ...