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As technological, environmental and economic risks assail insurers from all sides, a renewed focus on the process of risk management is required.
March 30 -
Division to reflect companys growth in crime analytics and market potential in this area.
March 29 -
Natural disasters cost the global economy a record $370 billion in 2011, with losses for the insurance industry the second largest ever, according to Swiss Re.
March 28 -
Insurance smart box leverages cloud storage and online portals to monitor driver behavior.
March 27 -
In-car video study indicates electronic device usage, adjusting controls, personal grooming and eating/drinking are the most common distracting activities for teen drivers.
March 26 -
Report identifies an expansion of severe weather risk into Iowa, Illinois, Indiana, Arkansas and Louisiana.
March 26 -
Paulson, rating agencies varied in their response to The Hartfords decision to place individual annuity business into run off and pursue divestiture options for individual life, Woodbury Financial and retirement plans.
March 22 -
For dealing with the immense complexities behind regulatory and risk concerns, static data and spreadsheets may not cut it.
March 19
Deloitte -
According to a new survey, cost containment leads employer concerns in 2012; safety also a worry.
March 19 -
Its Replicated Stratified Sampling financial modeling tools and techniques are designed to work with an insurers' existing models and actuarial software.
March 16 -
Automakers recent move to incorporate smartphone hubs into production and the recent outcries against distracted driving could put insurers in precarious position.
March 15
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Focusing on cat modeling, Praedicat will be based on long-term research and development projects started at the parent companies.
March 14 -
Carriers are quoting average rate hikes of 5 percent to 10 percent for D&O and E&O insurance after more than two years of price cuts, according to analysis by SKCG Group.
March 14 -
Protocols, including smartphone implementation into auto production, set the stage for telematics use within the next five years, according to a new report.
March 13 -
The problem stems from companies that value speed to market over security when they create mobile versions of their e-commerce sites.
March 12 -
The rising prices for base metals could wreak havoc not just on insurers, but on the nations critical infrastructure, reports the National Insurance Crime Bureau.
March 8 -
Insurers such as Travelers and AIG say they may have to rethink how they handle the underwriting of reoccurring natural disasters.
March 7 -
New report sees technology disruption as the best means of offsetting economic and environmental uncertainties.
March 7 -
As the insured losses from storms continue to rise, insurers may need to spread their risk, have reissuance in place and readjust reinsurance for 2012.
March 7 -
Stakeholders from the insurance industry met with members of the U.S. Senate to acknowledge the role global warming plays in extreme weather-related losses and call for action.
March 2