Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s September 15, 2022 By Susanne Sclafane With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...
Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis September 8, 2022 AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an...
Self-Fulfilling Rankings Boost Rating Agency Power: Researcher June 6, 2022 Agencies that rate and rank nations, corporations and colleges wield enormous power, influencing investment flows and prompting leaders to pursue...
Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s March 10, 2022 By Susanne Sclafane Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion September 16, 2021 Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics...
Global Reinsurance Rates, Demand to Continue Rising in 2022 September 7, 2021 By Carolyn Cohn Global reinsurance rates are likely to continue rising next year after several years of increases, though the pace of increase...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...
U.S. Heatwave ‘Virtually Impossible’ Without Climate Change, Scientists Say July 15, 2021 By Don Jergler An international group of 27 climate scientists have concluded that the recent heat wave in the Pacific Northwest was “virtually...
2020’s P/C Insurance Industry Results and What They Mean for 2021 March 31, 2021 By Susanne Sclafane The most recent tallies of financial results by rating agency analysts reveal that the property/casualty insurance industry weathered the storms...
AM Best, Moody’s Rate Personal Lines Insurance Market Outlook as Stable January 19, 2021 AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s...