News
What’s Next? ‘Adaptive Insurance’ for Small Biz, Says InsurTech CEO
Over the course of the last six years, Next Insurance has adapted its business model, its distribution method, and its product offerings. Coming up next, the InsurTech aims to offer "adaptive ...
Aon: Catastrophe Bond Sector Celebrates 25th Anniversary With Record Issuance
Aon plc data revealed that 2021 catastrophe bond issuance reached $12.5 billion, with more than $32 billion of bonds now active in the market. This record annual issuance surpasses the previous ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Regional Cyber Conflicts Could Lead to Infrastructure Attacks in 2022: CyberCube
Three regional cyber conflicts could lead to infrastructure attacks and damaging cyber espionage in 2022, a new report from cyber analytics company CyberCube says. Cyber hostilities between Israel ...
Loss Costs Outpaced Premium Increases for U.S. P/C Industry Through Q3 2021
Direct premium production for the U.S. P/C industry through third-quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen ...
Generali Loses Third Board Director in Less Than 2 Weeks
Generali, Italy's biggest insurer, said on Tuesday that Sabrina Pucci had resigned from its board for personal reasons, the third director to step down in less than two weeks. Generali's ...
Berkshire Plans First In-Person Annual Meeting Since COVID Began
Warren Buffett's Berkshire Hathaway Inc. plans this year to let shareholders attend the company's annual meeting for the first time in three years, amid signs the Omicron wave may have peaked in the ...
Home-Based Businesses Thriving, But Many Lack Insurance: Study
There's been a surge in new home-based businesses during the pandemic, but many aren't covered by insurance, according to a new study by AXIS Insurance, the specialty insurance business segment of ...