Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Reinsurers Maintain Upward Pricing Momentum-But Will It Last?
Oct 24 2019 // Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019 will continue during the coming January renewals and beyond. The...
B3i’s Blockchain Re/Insurance Network Begins to Offer Real-Life Industry Solutions
Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...
Reinsurers Take the Technology Lead
Oct 21 2019 // When it comes to innovation and utilization of emerging technologies in the insurance industry, reinsurance companies once led the way as early adopters of technology. But recently, the primary insurance sector has...
Female Entrepreneur Forging Path in Insurtech Space with AI-Powered Chatbot ‘LeO’
Oct 21 2019 // Like many people, entrepreneur and former Israeli tech journalist turned insurtech founder Liri Halperin never expected she would end up in the insurance business. But an insurance buying experience almost four years ago...
How Risk Management is Transforming Risk in Commercial Property
Oct 21 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
A Modern Economy Demands Modern Protection: Advancing Liability Coverage into the Digital Age is Imperative — and Long Overdue
Oct 21 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
MS Amlin Exits Aviation Insurance Market
Oct 14 2019 // MS Amlin, the London-based re/insurer and subsidiary of MS&AD, confirms its exit from the aviation insurance market, effective from Oct. 14 when it will cease underwriting aviation insurance renewals or new...
Insuring Cannabis Summit Announces Agenda and Speakers
Oct 14 2019 // October 14, 2019 San Diego, CA – Today Insurance Journal has announced the agenda and speakers for the Insuring Cannabis Summit. This is a virtual, all-day event beginning at 9am Pacific on Thursday, October 17,...
How Cyber Insurance Supports the Fight AGAINST Ransomware: Marsh
Oct 9 2019 // As the cyber insurance market continues to grow, it’s only natural to discuss its place in the battle against cyber-attacks, including ransomware, which has been a prevalent topic in recent months. Over the last...
Blending Generations: Why Millennials, and the Industry, Must Bridge the Gap
Oct 7 2019 // Workplaces everywhere are becoming more flexible. People now work irregular hours, work from home, work out of state and even across oceans. This phenomenon is no surprise given the influx of new technology. The large...
InsureTech Connect: The Insurance Industry Needs to Understand What Business It’s In
Oct 7 2019 // People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative consulting firm,...
Donelon: Tort Reform Needed to Fix Louisiana’s Auto Insurance Crisis
Oct 7 2019 // When Louisiana voters go to the polls on Oct. 12, they will have a choice between two Republican opponents in the race for insurance commissioner: current commissioner, Jim Donelon, a former state legislator who has held...
With Expansion, IICF Missouri Chapter Forms the Heartland Chapter
Oct 4 2019 // The Missouri Chapter of the Midwest Division of the Insurance Industry Charitable Foundation (IICF) has expanded its scope to form the Heartland Chapter. This new branch will include insurance industry supporters based in...
How the Future of Insurtech Innovation Is Tied to the Traditions of Regulation
Oct 3 2019 // It’s no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and insurtech experts said...
Munich Re Syndicate Labuan Promotes Ng to General Manager and Principle Officer
Sep 27 2019 // James Ng has been promoted to general manager and principle officer for Munich Re Syndicate Labuan Ltd. (MRSLab). Based in Kuala Lumpur, Malaysia, Ng will have overall responsibilities for the Labuan operations and its...
Ocean Marine Insurers Face New Risks, Challenges in Changing Segment
Sep 26 2019 // Ocean marine insurance is the oldest line of insurance and today represents a small specialty line in the property/casualty insurance industry. Since those early days, marine products have evolved as risks and exposures...
InsureTech Connect: Insurance Industry Needs to Understand What Business It’s In
Sep 26 2019 // LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative...
Mutual Insurer Trade Group NAMIC’s CEO Chamness to Retire
Sep 26 2019 // The National Association of Mutual Insurance Companies announced that Charles Chamness, the chief executive officer of the organization, is retiring from the post he held for nearly 17 years. The official announcement came...
17 Cybersecurity Products the Cyber Insurance Industry Says Are Worthwhile
Sep 25 2019 // Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the...
The Hanover Enters Vermont Personal Lines Insurance Market
Sep 25 2019 // The Hanover Insurance Group, Inc. has expanded its business in Vermont to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base. According to The...
