Ford CEO: Affordable Driverless Cars to Be in Showrooms in 10 Years September 14, 2016 By Keith Naughton Ford Motor Co. intends to start selling driverless cars to the public by about 2025, its chief executive officer said....
Aon: Global Reinsurer Capital Hits Record $585B September 13, 2016 Total global reinsurer capital, which comprises capital both from the traditional and alternative markets, rose by four percent to a...
Fitch Sees Weak Profits Leading to Takeovers of Smaller Reinsurers September 13, 2016 Weak profitability is likely to leave more reinsurers worldwide vulnerable to takeover in 2017, reinvigorating mergers and acquisition activity as...
Poll Puts Another Dent in The Belief that Millennials Don’t Want to Drive September 12, 2016 By Don Jergler Another dent has emerged in the pervasive notion that millennials do not want cars. A survey commissioned by San Francisco,...
Top 25 Non-Life Reinsurers: Swiss Re Leads, Berkshire Drops in A.M. Best’s 2016 Ranking September 12, 2016 Swiss Re landed on top of a ranking of global non-life reinsurers, just edging out Munich Re by a few...
Driverless Cars to Slash U.S. Auto Insurance Premiums September 12, 2016 The rollout of autonomous vehicles over the next few decades could lead to a massive reduction in U.S. motor vehicle...
Catastrophe Bond Issuance Down But Returns Up: Aon September 9, 2016 By Sonali Basak Catastrophe-bond issuance slipped to its lowest level since 2011 over the past year as the securities outperformed the S&P 500...
Current State of P/C Insurance Agency Mergers and Valuations September 8, 2016 The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best September 8, 2016 Europe’s top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from...
How Employer Cash Flow Impacts Workplace Safety September 7, 2016 More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion...