Assessing First-Half P/C Insurance Results: A.M. Best October 6, 2015 The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the...
It’s a Tough Time for Reinsurers, but Their Defensive Strategies Are Working: S&P October 6, 2015 It’s a tough time for reinsurers — “pricing is soft, regulators continue to raise the bar, capital is at record...
Risk Managers Show Value with Their Understanding of Risk Tolerance: Willis October 6, 2015 A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that...
Crisis Services Top Insurers’ Cyber Claims Payouts; Average Claim at $674K October 5, 2015 By Denise Johnson New claims costs data reveal a wide discrepancy on costs associated with cyber losses. More than $75.5 million has been...
Insurers Respond Slowly to Growing Demand for Cyber Insurance: Timetric Report October 5, 2015 The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850...
A.M. Best: UK Non-Life Insurers’ Earnings Remain Under Pressure October 5, 2015 Market conditions for UK non-life insurers are challenging as pricing remains weak across most business lines amid fierce competition, according...
Competition, Customer Demand Worry Global SMEs but Optimism Rises: Zurich October 2, 2015 Small and medium-sized enterprises (SMEs) around the world are increasingly concerned about the impact of competition on margins and lack...
13 Specialty Insurers Emerging As Takeover Targets: S&P October 1, 2015 Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking...
World Energy Council Report Warns on Extreme Weather Risks October 1, 2015 The number of extreme weather events increased more than four times from only 38 events in 1980 to 174 in...
Study: Flood Risk on Rise for New York City, New Jersey Coast September 30, 2015 By Wayne Parry A new study looking back over 1,000 years finds the flooding risk along the New York and New Jersey coasts...