Underwriting & Pricing
Measuring Embedded Portfolio Profit With Predictive Analytics
Predictive analytics rapidly is emerging as a must-have tool in the insurance carrier's arsenal. However, in most common applications, the power of advanced analytics is deployed from the bottom up: ...
Seven Companies Join Ward’s Annual Top 50 P/C Ranking for 2015
There are only three companies that have made it onto an annual list of 50 top property/casualty insurance performers for 25 straight years, according to the list's publisher, Ward Group. Ward ...
Retention With Profit: Best Practices for Auto Underwriting
"Every generation needs a new revolution," noted Thomas Jefferson, and in present times it seems that several revolutions are joining forces in the insurance world. The recent innovations of ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...
AIR Worldwide Unveils Winter Storm, Tropical Cyclone Models for Canada
Catastrophe risk modeler AIR Worldwide has expanded its suite of models for Canada with the release of Winter Storm and Tropical Cyclone models. In addition, comprehensive updates have been made to ...
Drone Permits Soar as FAA Develops Rules for Their Use
The Federal Aviation Administration is issuing permits for the commercial use of drones at a rate of about 250 a month as it tries to meet the growing demand for unmanned aircraft while it develops ...
A Surprising Way to Achieve Price Competitiveness
How can a company liberate itself from the death spiral of product commoditization? Competing on price is generally a losing proposition—and a very exhausting way to run a business. But when a ...
Credit Insurers Refusing New Coverage to Greek Customers
Credit insurers are refusing to offer new cover to companies carrying out trade with Greece because of uncertainty over the solvency of Greek customers hit by capital controls, a Greek importer told ...