Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
The Charity Issue: How the Insurance Industry Helps
Nov 21 2013 // Does your insurance organization support the community? Over the years, Insurance Journal has discovered numerous stories of how agents, brokers, wholesalers and insurers support their community. Our Dec. 16 issue of...
Robin Roberts, John McEnroe & Bob Woodruff Featured Speakers for IICF Northeast Event
Nov 21 2013 // December 11 Dinner Benefits Charities NEW YORK (November 4, 2013) — The Insurance Industry Charitable Foundation (IICF) Northeast division announced that the three featured speakers who will be accepting grants for...
PLUS in Orlando
Nov 18 2013 // P/C Industry Urged to Get ‘Sexy’ and ‘Bold’ on Extreme Risk Products It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and...
Report Calls for Prior Approval for All States
Nov 12 2013 // Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the...
Gala, Insurance Industry Raise $2 Million for City of Hope
Nov 4 2013 // The National Insurance Industry Council raised more than $2 million this year in the ongoing battle to cure cancer and diabetes, it was announced Monday. A large portion of the funds were raised by the City of Hope’s...
World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told
Nov 4 2013 // It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according...
IICF Northeast Announces Featured Speakers for Year-End Fundraising Dinner
Nov 4 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, 2013 in New York City. The...
Increasing Retentions: The Hidden Premium Increase
Nov 4 2013 // Is the market hardening? A Google search shows that most experts think it is, and it is nearly impossible to find a professional journal without an article discussing the topic. The premium increases that are being...
IICF, Cookie Monster Promote Early Childhood Literacy
Nov 4 2013 // It’s hard to conceive of taking a step further away from the topic of insurance than having a big, hairy blue monster drive home your point. But that’s just what the Cookie Monster did when he walked into the...
Geneva Association Calls on Governments to Act on Disaster Risks
Oct 24 2013 // In recognition of the impact wrought by Superstorm Sandy – $68 billion, the second biggest natural catastrophe loss in U.S. history – and the recent release of the IPCC’s climate report, the Geneva...
Program Business Market Grows 10% to $27B, TMPAA Study Finds
Oct 23 2013 // The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth and other base-line information about the program insurance market....
Insurance Industry to Benefit from Clean Energy Boom
Oct 21 2013 // The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a report by Bloomberg New Energy Finance. The report, commissioned by Swiss Re, looked...
Green Insurance Market: Competitive and Growing
Oct 21 2013 // The green insurance market is a good market in every sense of the word. The green building industry is growing. The insurance market for green buildings — both residential and commercial property coverage — is also...
Is TRIA for Cyber Terrorism?
Oct 21 2013 // The insurance industry will count on the Terrorism Risk Insurance Program (Program) if there is a terrorist strike on the United States, but will the Program respond if the act of terrorism is a cyber event? Cyber...
Recruiting and Retention in the New Economy
Oct 21 2013 // We made it! We survived the economic instability of the past few years and have more than rebounded. The insurance industry is well ahead of the greater economy; and the picture painted by our labor market is much...
Members of Aon Benfield’s Analytics Team Explain Cat Models
Oct 18 2013 // “Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for...
IICF, Cookie Monster Promote Early Childhood Literacy
Oct 17 2013 // It’s hard to conceive of taking a step farther away from the topic of insurance than having a big, hairy blue monster drive home your point. But that’s just what the Cookie Monster did when he walked into the...
MAPFRE Enters Indonesian Market with 20% Stake in ABDA
Oct 17 2013 // Spain’s MAPFRE announced that it has acquired a 20 percent stake in the Indonesian insurance company Asuransi Bina Dana Arta (ABDA), and “has established a partnership in which MAPFRE becomes the industrial...
Best’s Report on Latin America Insurance Market Highlights Growth
Oct 16 2013 // A newly issued report from A.M. Best cites International Monetary Fund (IMF) statistics, showing that “Latin American countries had an estimated population of 581 million in 2012 and a combined gross domestic...
IICF Teams Up With Sesame Street to Promote Early Childhood Literacy
Oct 11 2013 // Research shows that prior to starting school, children from high-income families benefit from 400 hours more literacy-related activities than children from low-income families. Furthermore, by age four, a high-income child...