U.S.
Reinsurers Gathered in Monte Carlo Doubt the Chances of 2016 Pricing Relief
The world's largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade's quietest years for ...
Towers Watson Embraces the Cloud with $15M Canadian Tech Company Acquisition
Towers Watson will buy up a Canadian tech company for more than $15 million. The deal is designed to boost its insurance technology/cloud computing offerings for property/casualty carriers as well as ...
Thoughts on Cleaning Up the Claims Department
It would be an understatement to say that the insurance industry has a few problems involving consumer loyalty, and claims issues certainly don't help. A recent Accenture Report found that 14 percent ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
FHA Urges National Overhaul of Guardrail Standards After Review
U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have "safety performance issues" in some real-world crash scenarios, the Federal Highway Administration said as it ...
Want to Retire at 65? (Many People Can) Forget About It
Approximately 60 percent of workers won't be able to maintain their living standards if they retire at age 65 because they are woefully behind in saving the money they'll need, a new Aon Hewitt ...
Executives On The Move at Aspen Re, Starr, Verisk and The Hartford
We have executive hires to tell you about at Aspen Re, Starr Companies, The Hartford and Verisk: *** Aspen Re brought on an Axis Reinsurance veteran to be its new head of global property catastrophe. ...
Warren Buffett Still Seeking Global Companies to Buy for Berkshire Hathaway
Billionaire investing icon Warren Buffett said on Tuesday there are dozens of countries in which his sprawling Berkshire Hathaway Inc conglomerate would be interested in buying new businesses. ...