Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon January 6, 2016 Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with...
AIG Bets on Workplace Safety Wearables with Investment in Startup HCS January 6, 2016 By Andrew G. Simpson Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control...
Insurers & Banks Could Pull Jobs from U.K. in Event of ‘Brexit’: JPMorgan January 6, 2016 By Richard Partington JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the...
Tighter Construction Rules Would Help Minimize U.K.’s Flood Damage: Report January 6, 2016 By Jill Ward Tighter construction restrictions and incentives to build outside flood-prone areas would minimize damage to the U.K. economy from heavy rain...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter January 6, 2016 Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several...
Automakers Outpacing Tech Firms in Driverless Car Patents January 5, 2016 By Joseph White and Paul Ingrassia Automakers, not technology companies, are in the driver’s seat in developing self-driving, “autonomous” cars, and Japan’s Toyota Motor Corp. is...
Flood Claims to Hit U.K. Insurers’ 2015 Earnings: A.M. Best January 5, 2016 Flooding in the final month of 2015 will put pressure on the earnings of U.K. property insurers, according to a...
6 Forecasts for P/C Insurance in 2016 January 4, 2016 By Andrew G. Simpson Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector....
World’s Top 10 Insurers Ranked by Premium, Assets January 4, 2016 The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by...
Number of UK Firms Backing EU Membership Drops Over Past 6 Months: Deloitte January 4, 2016 The majority of big British businesses that favor Britain remaining in the European Union has dwindled over the last six...