Technology/Science
Chinese Online Property Insurer ZhongAn Tops List of Financial Technology Innovators
Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and ...
Karen Clark & Co. Releases New U.S. Earthquake Reference Model
Karen Clark & Co. (KCC) released a new U.S. Earthquake Reference Model as part of its RiskInsight open loss modeling platform. The model is based on the latest 2014 U.S. Geological Survey (USGS) ...
The U.S. and China Will Expand a Planned Cybercrime Crackdown
U.S. and Chinese officials have agreed to expand cooperation to crack down on cybercrime as China's state- run news agency said a hacking attack on the U.S. Office of Personnel Management was carried ...
Warning to U.S. P/C Insurers: Be Ready for a Disruptive, Transformative 2016
U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and "heightened regulatory creep," EY said in a new ...
Customer-Centric Strategies Start With Governance: PwC Report
Becoming a more customer-centric insurer isn't simply a matter of finding the right technology, according to a recent PwC report, which asserts that inadequate governance explains why carriers ...
Cyber Attacks Becoming Significant Threat to Insurer Credit Quality: A.M. Best
Insurance rating agency A.M. Best still considers natural catastrophe losses to be the primary threat to the financial strength and credit quality of property/casualty insurers, but cyber-attack ...
Top Cyber Threats for 2016; Integrity Attack on Financial Sector Likely
Businesses should expect cyber criminals to attack through wearable devices, employees' home systems, cloud services and automobiles within the next year, according cyber experts at Intel's McAfee ...
States Graded ‘A’ to ‘F’ for Weather Preparedness
Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report ...