Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
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...
The Next Generation of Leaders
Oct 7 2013 // The insurance industry is facing a crisis. Twenty percent of the insurance workforce is near retirement age, compared to only 15 percent of the broader financial services workforce. By 2018, the number of the insurance...
Insurance Industry Changes to Follow Wicked Colorado Weather
Oct 7 2013 // As the sun peeked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the...
Lloyd’s CEO Richard Ward Reflects on ‘Nearly 8’ Eventful Years
Oct 6 2013 // Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he...
Insurers Respond to Risk Managers at FERMA Forum – Part 2
Oct 4 2013 // After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and claims handling at the Federation of European Risk Management Associations’...
FERMA Offers Trialogue between Risk Managers, Carriers and Brokers – Part 1
Oct 4 2013 // The insurance industry may have given the world a new word – “trialogue,” meaning a three way conversation. Oddly enough the first person to use it at the Federation of European Risk Management...
Underwriting, Investment Gains Boosted P/C Insurers’ Bottom Line in First Half 2013
Oct 3 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half of last year. Insurers’ overall profitability as measured by their...
Insurance Volunteers: Spot Opportunities With Week of Giving ‘Project Finder’
Oct 1 2013 // Many people in the insurance industry want to help in their communities by serving as volunteers in their communities. But many simply don’t know how to find the right place to volunteer. Problem solved. IICF (the...
Federal Government Shutdown Effect on P/C Insurance Industry
Sep 30 2013 // If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown. The insurance...
