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Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the broker will discover that the treaty is oversubscribed and will have to go back to the markets to reduce each reinsurer's commitment by a... read more | |
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| | | Advertisement | | |  | | | | How to Leverage Technology to Drive Profitability | | | Calling all underwriters! Did you know that better tech can enable you to underwrite more profitably?
Two Sigma IQ's data science and engineering expert explains how in this free webinar. | | | | | | | | Two Sigma IQ |
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The cyber insurance market in the U.S. grew to roughly $4.1 billion in direct written premiums in 2020, an increase of 29.1% from the prior year, reports the National Association of Insurance Commissioners. read more | |
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Baseball is a game of tradition. For fans it offers the emotions of great plays, outstanding pitching and the thrill of home runs sailing over an outfield fence. Just because baseball has a firm tradition, however, doesn’t mean that baseball operations have stayed traditional. For ... read more | |
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U.S. property/casualty insurers saw their net income jump to $37.5 billion in the 2021 first half, up from $24.3 billion the year before, with gains coming as the country continued to recover from COVID-19's economic disruption, according to a new report from the American Property Casualty Insurance Association and data analytics company Verisk. read more | |
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Many fast foods contain industrial chemicals that have been linked to serious health problems. Smartphones and watches can interfere with pacemakers and other implanted medical devices. A rare bacterial infection that killed two people has been linked to a room spray sold at Walmart. *** Cheeseburger, with a side of phthalates. Many U.S. fast foods... read more | |
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SPONSORED BY: J.D. Power With policy pricing important to both acquisition and customer loyalty, your ability to give the most accurate pricing possible is critical. Check out our infographic to learn more about the price point that makes customers switch and the tool carriers use to identify and evaluate vehicle features that mitigate loss or severity of loss and reduce risk, resulting in more competitively priced auto premiums. ... read more | 
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Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of competition and everybody wants to be on programs. That's incorrect, he stressed. Tremor provides "the perfect clearing price, whether the market is hardening or softening."... read more | |
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Amazon is seeking to settle two EU antitrust investigations to stave off potential hefty fines and orders to change its business practices, people familiar with the matter said. read more | |
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Five hackers linked to ransomware group REvil and responsible for thousands of cyberattacks have been arrested since February, European Union's law enforcement agency Europol said on Monday. read more | |
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Berkshire Hathaway Specialty Insurance appointed a new Senior Vice President, Global Property Underwriting Officer. MS Amlin Underwriting Limited chose a new president of newly formed sister company MS Amlin Distribution Holdings. San Francisco, Calif.-based Coalition named its first-ever head of insurance infrastructure and actuarial science. read more | |
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