Underwriting & Pricing
DOT’s New Policy on Automated Vehicles: Why Carriers Need to Act Now
Any hope that the government would help stall the evolution of automation in the automotive industry is now gone. Earlier this month, the United States Department of Transportation (DOT) released ...
U.S. P/C Industry Nine Month Results Continue Rebound Toward Big Profits: A.M. Best
The U.S. property/casualty insurance industry's net underwriting income has so far swung from a massive loss in 2017 to substantial profit, according to a new A.M. Best report. Carriers booked $3.5 ...
New Global Insurance Accounting Rule Could Be Delayed One Year
A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money. A spokeswoman for the International Accounting ...
Allianz: Combined Ratio Drops, 2018 Profit Predictions Reach High End of Target Range
Allianz is "highly likely" to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol said as the German insurer cited lower costs and claims in its third ...
CNA Buoyed by Trump Tax Cuts and Lower Catastrophe Losses
The Trump tax cuts helped CNA Financial Corp.'s 2018 third quarter net income soar. Lower catastrophe losses also helped the bottom line, but investment income declined. Net income for the ...
Global Insurance M&A Activity Rose in H1 2018, Fueled By Mega Deals
Global insurance mergers and acquisitions rose to 37 billion euros in the first six months of 2018, with a host of mega deals resulting in the highest first-half total since the financial crisis, a ...
Which Will Come First: Driverless Trucks or Commercial Auto Profits?
Commercial auto insurance hasn't produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line's poor performance is a ...
What Lies Ahead for P/C Insurance Pricing: Moody’s
The current pricing environment for property/casualty insurers is "modestly positive," with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property ...