Many Railroads Slow to Adopt Safety Technology Even After Deadline Extension August 23, 2016 By Joan Lowy Many commuter and freight railroads have made little progress installing safety technology designed to prevent deadly collisions and derailments despite...
Reinsurers’ Strong Enterprise Risk Management Key to Success – and Survival: S&P August 22, 2016 The reinsurance sector’s focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both...
Study: Bike Helmets Lower Risk of Brain Injuries, Death August 22, 2016 By Linda Thrasybule Despite some criticism of bike helmets for not being protective enough, they do cut the risk of severe traumatic brain...
Americans Put Too Much Faith in Homeowners Insurance August 18, 2016 Too few Americans take steps to prepare for disasters and too many assume their home insurance policies will bail them...
Natural Catastrophes Drive Global Insured Losses to $31B in H1: Swiss Re’s Sigma August 18, 2016 Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44...
Reinsurers May Reassess Cat Exposures When Normal Claims Levels Return: S&P August 17, 2016 Most global reinsurers have been able to maintain underwriting discipline despite the ongoing soft market, but there is a danger...
Just 2% of China’s July Floods Covered by Insurance, vs. Nearly 70% in U.S.: Aon August 5, 2016 China’s seasonal “Mei-Yu” rainfall in July led to the worst flooding since 1998, bringing total combined economic losses of an...
Agent-Broker Organic Growth Slows to 5-Year Low: Reagan Consulting August 4, 2016 Organic revenue growth in independent insurance agencies and brokerage fell to 4.0 percent for the second quarter of 2016, down...
Captive Insurers in Strong Position: A.M. Best August 3, 2016 Captive insurance companies rated by A.M. Best ended 2015 in strong form, recording pretax operating income of $1.4 billion, a...
Mutual Insurers Regain Some Global Market Share, but Threats Remain: Swiss Re August 3, 2016 Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years....