Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE


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TRANSFORMATION: GREENBERG
‘Change Is Inevitable’

Maurice R. “Hank” Greenberg has been transforming insurance companies for nearly seven decades. Along the way, he also has transformed the global insurance industry.

  • Kate Smith
  • March 2020

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TRANSFORMATION: LLOYD'S
The Choppy Seas of Change

Lloyd’s sets sail on an ambitious journey of transformation, reform.

  • Terrence Dopp
  • March 2020

TRANSFORMATION: FRATERNALS
Coming Together

Two Catholic fraternal benefit insurers joined forces to create a groundbreaking technology initiative that they hope will bring back-office efficiencies and lower costs for their organizations.

  • Lori Chordas
  • March 2020

INSURTECHS
Insurtech Focus

Health care insurtech carriers reported losses in the first nine months of 2019. Oscar’s loss, however, was a sharp improvement over the loss from the same period a year ago.

  • Lori Chordas
  • March 2020

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ASSET MANAGEMENT
Building Assets

European insurers are eyeing illiquid assets such as commercial real estate to boost investment returns.

  • Best’s Review Staff
  • March 2020

CAPTIVES
Top Performers

AM Best’s Molineux says rated captives in Cayman, Bermuda and Barbados outpace the U.S. commercial market.

  • Meg Green
  • March 2020

TECHNOLOGY
Checking the Answers

Information technology security audits can ensure an insurer’s data is safe while avoiding reputationally damaging breaches and expensive regulatory fines.

  • Alex Beeler
  • March 2020

RISK ADVISER
Clearing the Air

Opioid litigation is setting a precedent for future diesel fuel lawsuits.

  • Bob Reville
  • March 2020

FROM THE EDITOR'S DESK
Making Change

Starr’s Greenberg discusses the need to continuously evolve. Lloyd’s of London goes through a self-imposed transformation. And two fraternal insurers join hands to overcome technology challenges.

  • Patricia Vowinkel
  • March 2020

LIFE INSURANCE
Stepping It Up

John Hancock’s Vitality program transforms the traditional static relationship of life insurance ownership into an interactive experience with their policyholders.

  • Kate Smith
  • March 2020

NEXT WAVE
Beyond Bias

Diversity is good for business and essential for the long-term health of the insurance industry.

  • Carly Burnham
  • March 2020

TECHNOLOGY
Find True North

Three northeastern U.S. cities have been dominant forces of insurtech innovation.

  • Gates Ouimette
  • March 2020

AT LARGE
Power to the People

Customer experience will continue to rule in 2020.

  • Tony Kuczinski
  • March 2020

A GLOBAL CONVERSATION
Specialty Talk

Industry professionals discuss the hot topics and challenges facing the program, wholesale, and excess and surplus industry with AMBestTV.

  • March 2020

REGULATORY/LAW
Litigation Uptick

D&O insurers are seeing an increase in securities class action lawsuits.

  • Rafael Rivera Jr.
  • March 2020

THE LAST WORD
A Tall Tale

After holding the unofficial title of the world’s first skyscraper for more than four decades, the Home Insurance Building that once stood in Chicago may soon be dethroned of that designation.

  • Lori Chordas
  • March 2020

INSURANCE MARKETING
Brand Builders

Gallagher’s Chris Mead discusses effective branding strategies and harnessing the power of digital marketing.

  • Lori Chordas
  • March 2020

WHAT AM BEST SAYS
Looking Ahead

AM Best analyst explains how IFRS 17 will give a clearer view of insurers’ financials after it is implemented in 2022.

  • John Weber
  • March 2020

EXECUTIVE CHANGES
Marsh Names Leader to the Newly Created Role of Head of Cyber, International

Also: Geico names successor to retiring CEO as do American Equity and Beta Healthcare Group; Philadelphia Insurance names chairman and president.

  • March 2020

IN THE NEWS
IRS Says It Puts an End to Misuse of Microcaptives

Crackdown on abusive microcaptives successful; 80% accept settlement offers.

  • Frank Klimko
  • March 2020

IN THE NEWS
UK Motor Insurers’ Bureau Launches Whiplash Portal

New program touted as a milestone in changing the way whiplash injury claims are filed and paid.

  • Frank Klimko
  • March 2020

IN THE NEWS
Regulatory Update

Pennsylvania court orders long-term care insurer into rehabilitation, District of Columbia and Tennessee name new insurance department heads.

  • March 2020

INDUSTRY UPDATES
Setting a Record

Willis Towers Watson reports insurtech funding volume increased 25% in fourth quarter 2019 compared to the same period in 2018.

  • David Pilla
  • March 2020

AM BEST TV & RADIO
Joint Industry Forum, Leader of the Year and Coronavirus

AMBestTV reports on two major gatherings of insurance luminaries: the annual Property/Casualty Insurance Joint Industry Forum and St. John’s University’s 25th annual Insurance Leader of the Year Awards Dinner. Video news also includes coverage of Pennsylvania Lumbermens Mutual’s 125th anniversary, the possible insurance impact of the coronavirus, and an update on the Vermont captive insurance market.

  • March 2020

AM BEST WEBINARS
The Evolving Capabilities of AI, Developing Issues in the ILS Market

An AM Best webinar examines how artificial intelligence and machine learning are helping underwriters assess risk. Also, a look at the ILS market.

  • March 2020

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The Question

Is social inflation a widespread problem for insurers or are years of price-cutting taking their toll for some?

Email your answer to bestreviewcomment@ambest.com.
See the latest reader responses.

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Digital Edition

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