AM BEST'S MONTHLY INSURANCE MAGAZINE
CATASTROPHES: CYBER INSURANCE
Going Dark
NotPetya paralyzed businesses and put cyber on the map as an emerging catastrophe risk.
- Kate Smith
- June 2019
CATASTROPHES: CYBERRISK
Stumbling Blocks
What’s stopping the development of a cyber ILS market?
- Kate Smith
- June 2019
CATASTROPHES: VOLCANOES
Waiting to Erupt
Hawaii’s Mt. Kilauea was one of several major volcanic eruptions in 2018. Though insured losses from these events were low, insurers are creating new ways to assess and address volcano risk, including the development of parametric products and an exposure-based probabilistic volcano model.
- Lori Chordas
- June 2019
ASSET MANAGEMENT
Storm Clouds on the Horizon?
Asset managers have begun de-risking their portfolios in response to forecasts of a recession in 2020 or 2021.
- Jeff Roberts
- June 2019
FROM THE EDITOR'S DESK
The New Storms
From the Editor’s Desk: A California wildfire was last year’s biggest insured catastrophe loss. While hurricanes are a perennial threat, how long before a cyberattack tops the list?
- Patricia Vowinkel
- June 2019
INDUSTRY UPDATES
Back in Business
Stephen Catlin has teamed with Paul Brand to launch Convex Group, the “largest ever” insurance startup with $1.8 billion in initial capital.
- Kate Smith and Robert O’Connor
- June 2019
LIFE INSURANCE
Reaching the Uninsurables
The life insurance industry is targeting those with chronic illnesses such as diabetes, searching for growth in an underserved market.
- Jeff Roberts
- June 2019
WHAT AM BEST SAYS
Record Economic Losses
Highlight Insurance Gap
Best’s Commentary (Excerpt): Blizzards, Heavy Rains, Melting Ice Produce Catastrophic Midwest Flooding (April 2, 2019)
- June 2019
IN THE NEWS
On the Rise
Private flood insurance writers, policies grow in Florida.
- Timothy Darragh
- June 2019
A GLOBAL CONVERSATION
Focus on Catastrophes
AMBestTV talks to industry experts about how floods, hurricanes, wildfires and climate change are impacting insurers.
- June 2019
THE LAST WORD
Read All About It
A travel insurance aggregator awarded a Georgia teacher with $10,000 for reading the fine print in her insurance contract.
- Lori Chordas
- June 2019
NEXT WAVE
Owning Your Development
It’s up to you to make time for professional development.
- Carly Burnham
- June 2019
AT LARGE
Say Yes to Cyber
Companies of all sizes benefit from affirmative cyber insurance policies.
- Tony Kuczinski
- June 2019
RISK ADVISER
Overcoming Biases
Consumers have many misconceptions about insurance coverage. Employing certain strategies can help them make appropriate choices.
- Howard Kunreuther
- June 2019
TECHNOLOGY
Data Manufacturing
DataOps is the latest agile process-oriented methodology used by insurers to improve data quality and reduce data analytics cycle time.
- Gates Ouimette
- June 2019
REGULATORY/LAW
Climate-Related Cats
Hurricanes, tornadoes and mudslides: For insurers, the costs associated with catastrophes are a cause for concern.
- Alycen Moss and Susie Lloyd
- June 2019
MEDIATION
Mediation Matters
Five best practices insurers can use to make better settlement decisions.
- John Greer
- June 2019
EXECUTIVE CHANGES
StarStone Names Former Validus
CEO as Chairman
Also: Nationwide’s Rasmussen to retire, Maryland commissioner confirmed for another term, and a new head of reinsurance for Tokio Marine Kiln.
- June 2019
INSURANCE MARKETING
Supporting Roles
Hartford Financial is bringing back its iconic stag and MassMutual is recognizing the dedication of hockey moms in a new campaign with the National Hockey League.
- Lori Chordas
- June 2019
IN THE NEWS
Regulatory Update
Michigan House passes auto insurance reform plan and Oklahoma Supreme Court voids cap on noneconomic damages.
- June 2019
AM BEST TV & RADIO
RIMS Meets in Boston
AMBestTV reports on topics explored at the Risk and Insurance Management Society’s conference in Boston and Philly I-Day 2019 in Philadelphia. Also, AMBestRadio presents discussions on customer interaction via chatbots and how the data from connected devices can benefit insurers.
- June 2019
AM BEST WEBINARS
State of Medical Professional Liability Market
An AM Best webinar reviews the state of the U.S. medical professional liability insurance sector. Also, insurance and technology experts discuss the value of participating in a contributory database.
- June 2019
Most Read
| A Revolution in Underwriting |
| Going Dark |
| The Wild West of Data |
| Growth Industry |
| Data Driven |
Most read based on past 60 days.
Best's Calendar
The Question
Are you concerned about whether your insurance policies will cover losses from a cyberattack?
Email your answer to bestreviewcomment@ambest.com.
See the latest reader responses.
