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Following the heavy catastrophe year of 2011, it is not surprising that the levels of second-quarter catastrophe losses taken by insurers look to be much less despite what has been called the third-costliest spring thunderstorm season in U.S. history.
Insurers are considering riskier investment strategies to boost disappointing returns, a survey notes, but analysts contend that regulators might have objections depending on the carrier in question.
Using an injury group-based approach to developing state-of-the-art claim predictive models enables leading claims organizations to help injured claimants get better faster and return to work earlier.
Using an injury group-based approach to developing state-of-the-art claim predictive models enables leading claims organizations to help injured claimants get better faster and return to work earlier.
Lloyd's of London insurer Beazley swung to a first-half profit as claims fell back to more normal levels following a sharp catastrophe-induced increase a year ago.
Lloyd's of London insurer Beazley swung to a first-half profit as claims fell back to more normal levels following a sharp catastrophe-induced increase a year ago.
The California Earthquake Authority is seeking to raise about $150 million through a sale of catastrophe bonds to help it meet potential claims, market sources said on Friday.
New York state's financial regulator said on Monday that it had licensed the first-ever mutual municipal bond insurer, which expects to start underwriting small deals later this year.
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