Florida reinsurers raise rates and return to underwriting differentiation in response to lingering issues.
Losses from Typhoon Jebi caught reinsurers by surprise, resulting in increases in loss reserves and suppressed cat bond returns while laying the groundwork for higher rates.
Following two years of painful catastrophes, ILS investors are waiting for claims to be paid so capital can be released. However, they remain committed to the market.
With $55 billion in capacity, collateralized reinsurance is the fastest-growing form of insurance-linked securities.
Loss creep sneaks up on reinsurers, resulting in adverse loss development and a shift in pricing trends. Also, AMBestTV will cover the annual Vermont Captive Insurance Association conference, held each August in Burlington.
Vantis Life is banking on a new accelerated underwriting platform, a distribution shift and a shrewd marketing strategy as it repositions itself.
Robotic process automation can be a powerful tool to rein in costs. But it’s really just the beginning of a broader automation journey that can help insurers get closer to customers.
Bermuda regulators developed a sandbox environment where startups can experiment with new technology.
Millions of Americans lie on their insurance applications, but technology is helping insurers identify mistruths and curb insurance fraud.
Also: Liberty Mutual Re has a new operation under Lloyd’s in Mexico, ProAssurance COO promoted to CEO, Axis Capital names chief information security officer, Geico Insurance Agency names president, officers.
Navigating changes in corporate culture requires finesse.
Technological revolution is driven by demographic shift.
Application programming interfaces, web services and microservices are aiding in customer service and back-office functionality in new ways.
Liberty Mutual is experimenting with scent-based marketing and Sun Life Assurance is sponsoring a national stationary cycle event to fund diabetes research.
The strategy will lower the toll of future floods and foster the development of anti-flood products.
Bermuda sandbox ideal for fintech innovation.
A panel of insurance portfolio management experts examines the potential risk-adjusted return benefits of pairing fixed income securities with equity options within insurance portfolios.
AMBestTV reports on the Bermuda Captive Conference, the IASA Conference in Phoenix, and the International Insurance Society Global Insurance Forum in Singapore. AMBestRadio presents discussions on growing diversity in insurance companies and meeting the needs of the cannabis industry.
An AM Best webinar features experts discussing how aerial and satellite imaging is changing claims processes. Also, insurers are covering new risks.
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