Investors to Double Catastrophe Bonds by 2018: BNY Mellon November 14, 2013 By Sarah Jones The amount of insurance-linked securities outstanding may reach $150 billion by the end of 2018 as institutional investors including pension...
2013 Ranked Seventh Hottest Year with More Warming Expected: WMO November 13, 2013 By Alister Doyle and Michael Szabo This year is the seventh warmest since records began in 1850 with a trend to weather extremes and the impact...
MarshBerry Survey Reveals an Optimistic Marketplace: Part 1 November 13, 2013 By Tommy McDonald In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal....
Older Drivers Catching Up with Younger in Distracted Driving: Survey November 12, 2013 Cell phone use and texting while driving are on the rise along with accessing the internet while driving — and...
Dodd-Frank Swaps Rule Could Impact Insurers’ Risk Management, Ratings: S&P November 11, 2013 Ratings analysts at Standard & Poor’s say that a Dodd-Frank provision having to do with derivatives could improve insurers’ risk...
Florida Outpatient Costs for Injured Workers Rising Rapidly: WCRI November 11, 2013 The average cost per claim of outpatient hospital care for injured workers in the Florida workers’ compensation system continued to...
Use of Predictive Models Widespread in P/C Insurance: Survey November 7, 2013 By Susanne Sclafane A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as...
Insurers’ Annual Incurred A&E Losses Rose 12% in 2012: A.M. Best November 6, 2013 While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims...
Insurers Keeping Property-Catastrophe Insurance Price Relatively Flat: NAPCO November 5, 2013 With more than $600 billion in policyholders’ surplus, the insurance industry is very well capitalized in spite of a large...
Report: Warming Likely to Make Bad Things Worse November 5, 2013 By Seth Borenstein Many of the ills of the modern world — starvation, poverty, flooding, heat waves, droughts, war and disease — are...