Underwriting & Pricing
Opinion: Catastrophe Bonds Are a Smashing Success
Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of "cat bonds" has climbed to more than $11 billion this year, about the same as this time in ...
‘He’s Gaining on Us?’ An ‘Inconceivable’ Quarter of InsurTech Carrier Financials
As we worked on pulling together this third installment of our review of U.S. InsurTech startup financials, we were reminded of the scene from "The Princess Bride" in which a masked man in black ...
Second-Quarter 2018 Financial Details for Lemonade, Root and Metromile
Does Lemonade have shlimazels for customers? Is slower second-quarter growth at Root an indicator that the carrier is deliberately focusing on profitability? Do Ajit Jain and Rob Berkley know ...
Write Here, Right Now: How AI Can Amplify Your Business Results
Here's something we typically hear from frustrated underwriting managers:• "We bind around 12 percent of our submissions, but our underwriters review 100 percent of ...
For QBE, a Focus on Profitable Underwriting Begins to Pay Off
QBE's restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Good progress has been made ...
Esurance Signs Actor Dennis Quaid as Its First On-Camera Spokesperson
For the first time, Allstate Corp.'s Esurance has an on-camera spokesperson. The "straight-shooting and highly likable actor" Dennis Quaid has the job, according to the insurer, which sells auto, ...
Property Cover Drives 3rd Consecutive Quarter of Global Commercial Insurance Prices Hikes
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh's "Global Insurance Market Index." These average ...
Underwriting Pain, Exits Begin; Insurers Rethinking Lloyd’s
News that Lloyd's is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive ...