Data security

Risk transfer opportunities just beginning to be realized, Towers Watson says; 90 percent of CFOs surveyed expect to see prices decrease.

Insurer announces a new chief information officer, chief claims officer, chief risk officer and 30 more corporate officers.

More than half of Chicagoland drivers drive fewer than 10,000 miles per year, insurer says; fuel costs and heavy traffic discourage driving.

In 2012, PIP claims reached an annualized $14,207 per claimant, Insurance Research Council says, despite decreasing severity of injuries.

Suite of predictive models offers insurers the opportunity to score driving behavior across multiple vehicles and vehicle usage patterns across multiple drivers, LexisNexis said.

A recent Novarica report shows external threats, such as network technology vulnerabilities and mobile device issues, are driving insurers to increase IT security spending.

The practice focuses on the development and delivery of cyber reinsurance solutions to address cyber security risks.

Eighth annual awards program uncovers the best of the best in insurance innovation among both technology users and providers.

RiskAgility FM offers financial modeling and analytics designed to fit insurers’ products and business processes.

Integrated Spreadsheet Rating intended to increase choices and flexibility for clients.

Compared to other nations, the U.S. P&C market is the “most improved,” according to the Capgemini “World Insurance Report.”

With more than three weeks to go, insured losses from severe weather are an estimated $1.5 billion, according to the Insurance Information Institute, and that covers only two of the four storms so far.

Allstate, Chubb Group of Insurance Companies, The Hartford and Travelers reported an aggregate combined ratio of 79 percent for full-year 2013, according to Fitch Ratings' latest report.

Only 19 percent of enrollees chose the coverage with the cheapest premiums, and mid-level silver plans drew 62 percent.

MetLife is counting on expansion in markets from Chile to South Korea to help meet CEO's 2016 goal of achieving return on equity of 12 percent to 14 percent.

At $40 billion, insured losses were well below the 10-year average of $60 billion.

Thirteen percent of insurers say enterprisewide data management is a significant strength, and 19 percent are confident in their company's multi-asset risk tools, according to a report from State Street.

Oklahoma and Texas led in insured CAT loss payouts; overall, insured CAT losses declined compared to 2012.

A slew of new products and data sources emphasize the speed with which the insurance industry is changing, which could threaten “fast followers,” according to Strategy Meets Action.

Predictive modeling is recognized as a transformative ability, but one that must be tempered by maturity, patience and understanding, says the insurer’s chief enterprise business analytics scientist.