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By Staff Writer |
May 23, 2012
Informatica, a provider of data integration software, announces the availability of two data integration capabilities for the insurance industry: XMap and HParser. Working alone or in concert, the improved capabilities enable insurers to address the opportunities and challenges around ACORD insurancestandards and big data.
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By Frank Cacchione |
May 22, 2012
Overall, the insurance industry lags considerably behind other financial services in sorting through the mounds of information they possess to make insightful decisions. The industry should receive an “A” for aspiration, finally embracing the value of analytics and beginning to invest significant resources to the process. At the...
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By Chad Hemenway, PropertyCasualty360.com |
May 9, 2012
The head of American International Group’s commercial-insurance division says the bailed-out insurer’s reputation is not an issue, and, in fact, competitors may have erred by not working harder to take AIG’s insurance business when it was on the verge of collapse.
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By Staff Writer |
May 7, 2012
Nationwide Merges with Harleysville Mutual, Tower Group Invests $75 Million in Bermuda, and InVEST Raises $65,000 in Scholarship Funds
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By Chad Hemenway, PropertyCasualty360.com |
May 7, 2012
Warren Buffett’s Berkshire Hathaway more than doubled first-quarter net income as its insurance businesses turned in a net-underwriting profit of $54 million compared to a loss of $821 million a year ago.
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By Elizabeth Festa, Arthur D. Postal PropertyCasualty360.com |
May 3, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Arthur D. Postal, PropertyCasualty360.com |
April 13, 2012
Federal Reserve Board Chairman Ben Bernanke characterized American International Group as part of a “shadow banking” system that played a key role in the catastrophic economic downturn of 2007-2009.
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By Shawn Moynihan, PropertyCasualty360.com |
April 5, 2012
Emerging markets such as Brazil, China and India present great opportunity for insurers looking to expand their top-line growth, if not profitable growth.
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By Staff Writer |
April 4, 2012
Starr says that the Japanese Financial Services Agency granted it a foreign, non-life insurance business license in Japan allowing it to offer accident and health insurance and casualty insurance there.
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By Arthur D. Postal, PropertyCasualty360.com |
March 16, 2012
The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.
