Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Big data seems to be all the rage these days, but just having big data is not enough. If the data isnt helping your organization be nimble, its time to start learning about high-performance analytics.
Big data seems to be all the rage these days, but just having big data is not enough. If the data isnt helping your organization be nimble, its time to start learning about high-performance analytics.
The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, following a competitive bid process with eight other Wall Street firms.
The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, following a competitive bid process with eight other Wall Street firms.
The catastrophes of 2011 were notable for their frequency and severity, and insureds should take away lessons from the year regarding what to look for in insurance policies to maximize coverage for future events, insurance broker Marsh says.
Workers compensation combined ratios remained unsustainably high in 2011, and investment returns were not high enough to generate sufficient operating returns, but premium growth in this line indicates that the worst of the recession has passed, and the industry remains well capitalized for the future, according to NCCI.
Markel Corp. indicates talk of a hard market may be premature because insurers are not exhibiting the same underwriting discipline for new business as they are for renewals.
Switzerland's Zurich Insurance Group beat expectations on Thursday with a 78 percent rise in first-quarter profit, helped by fewer large natural catastrophes than the year before, and said premiums were set to rise.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
