Features
P/C Carriers Lag Life Insurers, Brokers on Gender Diversity
Commercial property/casualty insurance carriers and reinsurers have more work to do than life and personal lines carriers or brokers when it comes to bringing more women into their leadership ranks, ...
Brokers Balk As Big Banks Push Cross-Selling Insurance, Loans to Wealthy
Scrambling to plug revenue holes created by crackdowns on credit card fees and falling brokerage commissions, big U.S. banks are pushing a strategy they've tried with limited success in the past - ...
U.S. CEOs See More Hiring, Improved Sales in Next 6 Months: Survey
U.S. chief executives expect to hire more workers in the next six months and that sales will improve modestly, a tepid if slightly optimistic reading of the U.S. economy, a Business Roundtable survey ...
Fear of Stimulus Slowing by Federal Reserve Stalks World Economy: Cutting Research
The world economy should brace itself for a slowing of stimulus by the Federal Reserve if history is any guide. Any tapering in the Fed's $85 billion-a-month asset- purchasing program will hurt ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...
Capital Markets Poised To Grow Even Bigger In Cat Re Space
The participation of the capital markets in the property-catastrophe reinsurance industry is poised to explode beyond one-third of the total limits in the market, an industry executive said recently. ...
Property Insurance Market Eyes New Entrants—From China, Berkshire
Industry executives speaking at an insurance conference recently discussed the potential market impact of the newest entrants to the U.S. property insurance market, with Chinese companies getting as ...
Flaw of Averages: Why Carriers Overpay & Underpay Contents Claims
In his book, The Flaw of Averages, author Sam Savage explores how the widely used statistical concept of "averages" can wreak havoc on our forecasting and decision making. He explains the law's ...