Data security

Business interruption and natural catastrophes pose the biggest threats, according to the Allianz Risk Barometer; for the first time, cybercrime and reputational loss enter the top 10 risks in United States.

As global chief risk officer, J. Todd Daniels will be responsible for risk management for investments in both the United States and Japan.

In a recovering economy and armed with strong capital positions, life insurers and annuity providers should take the opportunity to become more customer centric through technology innovation, industry experts say.

ING U.S. Inc. promotes CRO Smith to CEO of the insurance unit as Butch Britton retires.

The best insurers will achieve competitive advantage by developing the judgment and decision-making capabilities of their knowledge workers.

"Uncertainty" sums up the regulatory environment for insurers in all lines in 2014.

Lori Evangel, formerly of Aflac, will serve as executive VP and chief risk officer.

Homeowner property claims also are found to be increasing in frequency, value and suspicion.

Insurers strongly support flood reform, but it needs to be implemented in a fashion that doesn’t destroy flood-affected communities.

RIMS Names 2014 President, Directors and Board Members

Rates Decrease as Much as 25%

Nearly all classes and regions declined, attributable to abundant capital, strong balance sheets and low CAT losses, Guy Carpenter said.

The acquisition results in the establishment of Hamilton Re, which will put heavy emphasis on data analytics, research and fully integrated technology.

The insurer is seeking to appeal to parents with technology that can disable their children’s mobile phones when they are behind the wheel and provide warnings when they drive too fast.

Telematics, predictive modeling, leadership and security all were among topics of interest in 2013.

Despite tornadoes in the United States, flooding and hail in Europe and Typhoon Haiyan, in terms of insured losses, Swiss Re finds it was a comparatively moderate year.

Compared to last year, there were fewer hurricanes, floods, tornadoes and fires, according to CoreLogic report.

Guy Carpenter Launches Version 3.0 of its Risk-Modeling Tool

The chief obstacle for health insurers is essentially a lack of insight into who’s enrolling in their HIX plans, says an independent merchant bank focused on mergers and acquisitions, financial restructuring and principal investing services in the health care industry.

The lack of hurricanes in the Atlantic will result in a low double-digit decline in pricing for 2014 renewals, Fitch said.