U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’ July 24, 2018 By L.S. Howard The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still...
Strategic Blockchain: Xceedance and ChainThat Gain Critical Mass July 20, 2018 By L.S. Howard Xceedance decided to jump on the blockchain bandwagon late last year – but rather than building its own platform, it...
Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher July 17, 2018 By L.S. Howard While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns...
Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe… July 16, 2018 By L.S. Howard Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they...
Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’ June 18, 2018 By L.S. Howard Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name –...
Engineering Insurance Results Deteriorate but Better Times Could Be Ahead: Swiss Re June 14, 2018 By L.S. Howard Underwriting performance in global engineering insurance has deteriorated over recent years – on declining premiums and rising claims in some...
Profile: Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’ June 7, 2018 By L.S. Howard Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name –...
Insurance Flipsides: Countering the Industry’s Negative Perception Problem May 10, 2018 By L.S. Howard The editors at Wells Media have long noticed that the insurance industry is viewed rather negatively by “civilians” – your...
Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash April 19, 2018 By L.S. Howard Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in...
Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...