News
Swiss Re to Grab Chinese Insurer From RSA For $120M
Swiss Re disclosed it is snatching up a Chinese company from RSA Insurance Group for about $120 million as part of a plan to grow its corporate insurance arm. The Zurich reinsurance giant said its ...
Report: P/C Companies Persevered in Q1, Despite Storms and Other Obstacles
Property/casualty insurers in the U.S. made money in the 2014 first quarter even as many key indicators dipped, reflecting industry struggles caused, in part, by a tough winter. Net income after ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
Insurance Trade Agreements Are Good for Consumers and Markets: PCI Opinion
You can be sure critics are already getting ready to pounce on a preliminary draft of the financial services section of the Trade in Services Agreement (TiSA), invoking the usual rhetoric about the ...
North Carolina, New England Spared Damage from Category 2 Arthur
Businesses on two of North Carolina's barrier islands hoped to salvage part of the holiday weekend after Arthur clipped the state without causing major damage before churning north toward Canada. ...
14 P/C Insolvencies in 2013; Half RRGs: A.M. Best
A.M. Best announced its final tally of impairments for 2013 on Wednesday, counting just 14 for the year—the lowest level since 2007. The level was a little more than half the historical average and ...
Predictive Modeling Pitfalls
There are many success stories featuring predictive models, but what does not get as widely reported are the failures: mistakes that range from subtle misinterpretations and minor miscues to ...
CoreLogic Announces New EQECAT Platform, Japan EQ, Two Other Models
CoreLogic, a provider of property information, analytics and data-enabled services, released a new version of its EQECAT natural catastrophe modeling platform on Wednesday. The new platform contains ...
Tacchetti Replacing LaRocco as AssureStart CEO
AssureStart, a Seattle-based technology startup that sells general liability and property insurance to small businesses on the Internet, announced that its board of directors named Greg Tacchetti ...