Underwriting & Pricing
Actuarial Analysis of Automated Vehicles: How Much Premium Discount Is Justified?
The advent of automated vehicles (AVs) has been variously described as a cultural watershed moment that will change society in deep and meaningful ways, or as an overhyped flavor of the day—and ...
WCIRB: Calif. Workers Comp Written Premium to Be Down Again This Year
Lower workers compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers Compensation Insurance Rating Bureau. That revelation is ...
Insurers May Not See Revenue Plunge With Driverless Car Advance
It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows. "We do not ...
I Kind of Like Policy 2.0
If you're like me, it's pretty easy to get into a groove with work. Once you get used to a job, you kind of feel out the schedule and the flow. You start to figure out what works for you and what ...
Ryan Specialty Group Launches Reinsurance MGU RyanRe
Ryan Specialty Group LLC is expanding its managing underwriting strategy with the launch of reinsurance managing general underwriter RyanRe Underwriting Managers, or RyanRe. Working through ...
4 Ways Execs Can Increase Underwriters’ Embrace of Predictive Analytics
This is the second in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. After deciding ...
‘007 Couldn’t Speed Up AIG Fix; Capital No Longer Ratings Differentiator: S&P
Even if James Bond were American International Group's chief executive instead of Brian Duperreault, he couldn't orchestrate a quick enough turnaround to prompt S&P to change the outlook on the ...
U.S. Commercial Lines Could Produce Small Underwriting Profit in 2018: Fitch Ratings
After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new ...