At first glance, it would appear the world is not quite as risky compared to a year ago, according to Aons annual Terrorism and Political Risk Map. But risks remain as some regions remain hotbeds for political violence and as terrorism threatens the retail and transportation business sectors.

The property and casualty insurance industry should wake up and smell the coffee, as it finds itself fighting a two-front war in Washington with no clear path ahead.

Compared to non-insurance players, the insurance industry has been slow to reap the real benefits of analytics investments

Just as underwriting predictive models helped reshape how insurers segment risks, claims models are reshaping the adjustment process.