Most Commercial Insurance Rates Were Up Slightly in Q4: IVANS Index January 11, 2018 The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield January 11, 2018 By L.S. Howard Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which...
Failure to Agree on Brexit Deal Could Jeopardize 500,000 UK Jobs: Study January 11, 2018 By Alex Morales What would happen if the U.K. leaves the European Union in March 2019 with no deal on the single market,...
Few Women Hold Leadership Roles in Germany’s Financial Services Sector: Study January 10, 2018 Women occupied only around 9 percent of top management jobs in Germany’s finance industry in 2017, and the pace at...
U.S. Reinsurance Outlook Remains Negative for 2018, Says A.M. Best January 10, 2018 Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing...
Maintenance Work Causes Majority of Auxiliary Engine Damage in Vessels: Swedish Club January 9, 2018 The majority of all auxiliary engine damage takes place immediately after maintenance work in vessels, according to an investigation by...
Drivers Aren’t Going Away Anytime Soon, Say Driverless Car Leaders January 9, 2018 By Gabrielle Coppola and David Welch Carmakers and tech companies have fallen over one another in recent weeks to show the strides they’ve made with self-driving...
Parametric Insurance Can Help Close Global Protection Gap: Clyde & Co. Report January 9, 2018 By L.S. Howard Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in...
Catastrophe Bond Issuance Tops New Record of $10.5B in 2017: Verisk Report January 5, 2018 Catastrophe bond issuance surpassed $10.5 billion in 2017 – a new record, according to the latest report from the Property...
Natural Catastrophe Claims in 2017 Reached a Record $135B: Munich Re January 4, 2018 By L.S. Howard The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a...