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Marsh finds rate increases slowing despite losses attributable to Superstorm Sandy.
December 19 -
Following the close of the transaction, Markel is expected to write annual gross premiums of approximately $4.4 billion and to have approximately $6 billion in equity with capital flexibility to support future growth.
December 19 -
Deal to bring Presidio Reinsurance Group's $250 million in accident/health premiums to PartnerRe expected to be completed Q1 2013.
December 19 -
By integrating underwriting solutions, the two companies are looking to provide better underwriting for simplified issue life products.
December 19 -
A recent report from PwC outlines the four technology pillars to a forward-thinking 10-year business plan.
December 18
Diamond Management & Technology Consultants -
Acquisition expected to be completed by the end of this month.
December 18 -
Release 5.1 from Accenture includes new underwriter user experience, third-party data service integration and improved management of account data.
December 18 -
Ernst & Youngs 2013 outlook offers insights on the business and technology landscape for the P&C industry and proposes responses to stimulate growth.
December 18 -
American International Group Inc., the insurer that repaid a U.S. bailout, raised HK$50 billion ($6.45 billion) from the sale of its remaining stake in AIA Group Ltd., pricing shares in the top half of the range. The Asian companys shares dropped the most in almost five months.
December 18 -
Deferred income annuities will continue their ascension in the life sector, according to a 2013 forecast from the Insured Retirement Institute. The State of the Industry report also forecasts financially sound insurers, ongoing product innovation and demographic factors driving consumer demand for retirement income, which will balance economic forces such as low interest rates.
December 17 -
U.S. annuity business to be renamed the Delaware Life Insurance Company.
December 17 -
Genworth study identifies four consumer groups most at risk of being underinsured, recommends annual insurance reviews.
December 17 -
Partnership expands the reach of International Telematics into New Zealand and Australia, as well as new portions of North America.
December 17 -
QBE, the second largest force-placed insurer, says reductions could save consumers $98 million.
December 14 -
CIO survey reveals the IT skills in highest demand such as database management.
December 14 -
Fitch finds the markets capital position and surpluses remains strong, projects return to underwriting profitability in 2013.
December 14 -
Panel agrees that actuaries must advocate for the tools by presenting potential return-on-investment and other benefits.
December 14 -
Implementation of the web-based platform from ISCS is already under way, according to the mutual insurer.
December 14 -
Victor Fetter, previously a VP, CIO at Dell online, brings 22 years of IT industry experience to the broker-dealer.
December 14 -
For being such a smart industry, the link between customer engagement and user experience appears to be stuck in a blind spot.
December 13
Celent