Underwriting & Pricing
Once Again, A.M. Best Continues Negative Outlook for U.S. P/C Reinsurance Sector
A.M. Best is continuing its negative outlook for the U.S. property/casualty reinsurance sector in 2018, adding that the space's financial performance continues to be "lackluster." "At this point, ...
Hamilton Finds Buyer for Sportscover Legacy Book
Hamilton Insurance Group has found a buyer for the legacy book the insurer inherited from its purchase of Sportscover Underwriting Ltd. in April 2015. Syndicate 3330 will buy the business from ...
The Fine Art of Underwriting Through Soft and Slightly Harder Market Cycles
Twenty or so years ago, a London market marine underwriter declared he was going golfing one particular afternoon because he had reached his annual capacity level. That was an underwriting model ...
Growth Ahead as State Auto Exits Specialty Biz
A complete digital transformation is taking shape at State Auto Insurance, where efforts to turn around several years of underwriting losses have also meant exits of certain part of the business. ...
Data Analytics: Fueling the Future of Insurance
When you read about another new carrier carving out market share, how do they do it? Although they may not be established or a "big name," they harness technology and use data effectively from ...
XL Catlin, Chubb Top J.D. Power Ranking of Large Commercial Insurers
XL Catlin ranks highest among large commercial insurers in terms of customer satisfaction, J.D. Power found in its latest study. The insurer and reinsurer scored 806 out of a possible 1,000-point ...
Highway Disruption: The Promise and Perils of Autonomous Vehicles for Insurers
It's becoming clear that our highways to the future will be paved as much with technology as with asphalt. And if we believe some auto makers, self-driving vehicles hold potential to unravel traffic ...
Machine Learning at an MGA
Machine learning, AI, cognitive computing and predictive analytics—terms that are oftentimes used interchangeably these days—are washing over the insurance industry with promises of increased ...