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Insurance
The ILS market has undergone a quiet third quarter of this year, according to a new report from Verisk subsidiary Property Claim Services (PCS). 15 October 2017
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
The US National Flood Insurance Program (NFIP) has received more than 87,000 claims and incurred more than $819 million in losses as of September 26, according to data provider Verisk Analytics. 5 October 2017
Insurance
Across Europe, insurers spend billions of dollars every year in just claim processing costs, and they need help changing this, according to Lex Tan, founder of insurtech startup MotionsCloud. 29 September 2017
Alternative Risk Transfer
Rather than taking advantage of a potential market shift following Harvey and Irma, it’s more important that we think about the transformational steps we can take to expand the ILS market, says Tom Johansmeyer of Verisk Insurance Solutions. 28 September 2017
Insurance
Risk modelling and data analytics firm RMS has appointed Pete Dailey as vice president to lead flood model development in its California headquarters. 25 September 2017
Insurance
Personal lines property/casualty insurer The Allstate Corporation said on Sept. 21 that it estimates its catastrophe losses, net of reinsurance recoveries, for the month of August 2017 at $593 million, pre-tax. 21 September 2017
Insurance
Specialist insurer Markel International has as appointed Oliver Atkin as underwriter in its equine team. 21 September 2017
Insurance
The Ardonagh Group, the new insurance intermediary that brings together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate has improved its profitability in the first six months of 2017. 21 September 2017
Insurance
Insurers can benefit from new technology that allows them to validate the authenticity of a photograph – something especially helpful in the claims process. 21 September 2017
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