commercial insurance News
After a Sluggish Decade, Engineering Insurance May See New Growth: Swiss Re
Engineering insurance is one casualty of the 2008 financial crisis that continues to have a sluggish recovery, according to Swiss Re's latest sigma report. Swiss Re said that stagnant premiums for ...
Most Commercial Lines Premiums Kept Up Steady Increase in May: IVANS
Renewal premiums for most standard commercial lines products continued rising in May, according to the latest IVANS Index. Commercial auto and umbrella were two exceptions, as they grew at a lower ...
3 Tips for Commercial Insurers Pursuing Technological Change
Commercial insurers, like other carriers, are gearing up for some major technology-driven transformations. Here, we list three ways that insurers can ready their organizations for the changes to ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
Buyers Aren’t Happy With Their Cyber Insurance: J.D. Power
On any given day, it is hard not to read an article or report on some type of cyber topic. Cyber insurance is one of the key concerns within the insurance industry today and possibly one of the most ...
UK CEOs, Investors View Cyber Attacks as Greatest Threats to Bottom Line
Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material risks including populism, trade protectionism and ...
Intense Downward Pricing Pressures Loom for Marine P&A Clubs, A.M. Best Warns
While the balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, underwriting discipline will be tested over the February 2018 renewal period, ...
Workers Compensation Rates Should (Selectively) Run the Gamut in 2018
Workers compensation rates in 2018 will be mixed, with pricing for some programs expected to be flat to down and others seeing spikes, according to a market prediction from the broker USI. In other ...