Risk

Health insurers such as WellPoint and Humana stand to gain $5.5 billion next year to cover losses from Obamacare in a program the law’s opponents label a bailout.

Application is designed to enable data to be submitted, validated, corrected and approved through a Web browser by a system based on AAISdirect.

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.

Experts say the framework is ultimately likely to be cited in data breach litigation, other consumer claims and even by regulators as a baseline that all institutions must follow.

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.

The Fed is working on how to tailor capital and liquidity rules to insurance firms, says Fed Gov. Daniel Tarullo.

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.

Insurers are ready to design digital solutions that change the industry into a continuous, predictive, risk management service.

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

A survey of financial services executives finds companies investing in technology, people and processes, yet readiness levels are low and stress levels are high.

Insurance CEOs are overwhelmingly optimistic about growth and hiring, but more than half are concerned about their ability to manage technological change and new market entrants, according to survey.