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Re/insurers should view technology as providing the means to evolve and not view it as something that will disrupt the industry, Paul Mang, global CEO of analytics at Aon, told PCI Today. 17 October 2017
Insurance
Reinsurers will seek opportunities for growth in the current market as rates potentially harden, according to Frank Nutter, president of the Reinsurance Association of America (RAA). 17 October 2017
Insurance
The Property Casualty Insurers Association of America (PCI) elected new officers to its Board of Governors during its annual meeting. 17 October 2017
Insurance
The wildfires still raging in California will be among the costliest wildfires on record for US P&C insurers and could cost the industry up to $6 billion, according to early industry estimates. 17 October 2017
Insurance
US homeowners’ premiums increased from $89 billion in 2015, to $91 billion in 2016, and are expected to reach $93 billion in 2017, according to Aon Benfield’s annual Homeowners’ ROE Outlook report, which forecasts continued growth in direct US homeowners’ insurance premiums for 2017 despite a decreasing return on equity (ROE) for insurers. 17 October 2017
News
Property monitoring technology makes data-driven underwriting easier and better informed than ever, as Shepherd CEO Stephen Chadwick explains to Intelligent Insurer. 11 October 2019
Insurance
The primary motive for attending the Monte Carlo Rendez-Vous is to consolidate relationships with existing clients, according to an online poll of Intelligent Insurer readers—but there is also a portion who go there for less corporate reasons! 11 September 2016
Awards
Two strong reinsurers, Catlin Re and XL Re, battled it out for first place of best reinsurer for innovation with a GWP of less than $2 billion. Catlin slipped in just ahead with a score of 7.17 out of 10, a minimal difference from XL Re’s score of 7.16. 14 September 2014
Insurance
The blockchain insurance industry initiative B3i is including 23 new members for its market testing programme. 2 October 2017
Awards
Accountancy and advisory firm KPMG was recognised as the best firm for advisory services by our respondents, achieving a survey score of 6.96, closely followed by Deloitte on 6.93. 14 September 2014
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