A typical Hollywood movie requires a host of coverages, including general liability, property and inland marine, auto, workers compensation, even data and cybersecurity.
Approximately 70% of outstanding cat bonds are tied to U.S. hurricanes, according to Bill Dubinsky, who leads the insurance-linked securities practice at Willis Towers Watson Plc.
Catastrophe-bond issuance slipped to its lowest level since 2011 over the past year as the securities outperformed the S&P 500 Index, according to insurance broker Aon.
The world of insurance claim management is as large as the world itself. When a service is required, it can be for nearly anything, anytime, anywhere on the planet. Program requests can range from large, complex losses, to lower severity, less complex claims, to catastrophe services, managed and direct repair...
Anyone who has been in the insurance industry long enough has heard it before: This market cycle is different. This time, though, even veteran Excess and Surplus (E&S) Lines professionals believe it might be the case.