Insurance
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Steadfast Group CEO ‘stands idly by’ as complaints investigation proceeds
The leader of Steadfast Group is expected to address shareholders at the company’s annual general meeting today following Robert Kelly’s…
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Global property insurance rates drop again as catastrophe losses ease
Even some high-risk properties are getting relief as insurers gain confidence and capital surges
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‘Multiple cycles’ marks a new era for global reinsurance
Swiss Re’s Nate Bunck says property, casualty and specialty lines are now growing at different rates
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CITGO forces insurance companies to pay $54 million for Venezuelan oil cargo losses
Anticipating the potential risk, CITGO obtained a marine cargo insurance policy from a syndicate of major reinsurers, including several Lloyd’s…
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AXIS expects combined ratio to fall below 90%
Insurance premiums increased by 11% and reinsurance increased by 6%
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Insurance initiatives by Canopius, FM, Alliant and Ameritas
These include a new chief financial officer and a new senior vice president
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Caterpillar’s AI machines are changing the rules for equipment insurance
One of the most significant challenges is the unbundling of hardware and software. Caterpillar not only sells self-driving machines but…
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The Risks of Offering Candidates a “Best and Final” Salary Deal
Skipping the salary negotiation stage may not be the best candidate experience
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Data and sophisticated risk models drive selective recovery of commercial property insurance
Commercial property insurance: a more “refined” market This new selectivity is driven by increasingly sophisticated disaster models that go beyond…
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Tanger Properties takes ACE and Liberty Mutual to court over COVID-19 claims
After Tanger submitted its claim, both ACE and Liberty Mutual denied coverage. The insurance company claimed that Tanger did not…
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