Underwriting & Pricing
Zurich Commercial Transformation: From Conventional Wisdom to Data-Driven Pricing Insights
The merchants, captains and ship owners who congregated in Lloyd's Coffee House in the late 1600s, where they discussed shipping and insurance deals, could not have predicted that their hunches ...
ReSource Pro Gains Ground by Offering Outsourcing of a Different Sort
ReSource Pro CEO Dan Epstein believes that property/casualty insurers are ripe for the outsourcing in which his company specializes: business process outsourcing. "There are a whole range of ...
P/C Industry Profit Estimated at Over $50B for 2014
Overall profit for the U.S. property/casualty insurance industry should pass the $50 billion mark for 2014, according to estimates presented by the president of the Insurance Information Institute on ...
RateWatch Reveals Top States for Personal Auto, Homeowners Rate Hikes
Personal auto insurance companies increased their rates by an average of 2.1 percent countrywide in 2014, according to insurance consulting firm Perr&Knight's RateWatch reports. The three states ...
Berkshire Hathaway Arm Unveils Asset Management Liability Policy
Berkshire Hathaway Specialty Insurance has added asset management liability insurance to its Professional First suite of professional liability products. The policy provides clear and customizable ...
2015 Outlook: Rate Drops Dim Prospects for Underwriting Profits, PwC Says
Underwriting returns alone just won't cut for some London market insurers and reinsurers in 2015, according to PwC, which says that 20 percent of the market participants are "materially reliant" on ...
Big Data and Insurance: Coming to a Supermarket Near You
If supermarket chains wanted to get in the business of selling property/casualty insurance, there is a source of consumer information they might tap to identify the best risks that most P/C actuaries ...
A.M. Best: Workers Compensation Numbers Improved in 2013
While workers compensation continues to face heavy competition and low investment returns, we have good news to tell you. The industry's combined ratio dipped nearly 12 percent from 2012 to 2013, ...