Before he was the executive vice president and chief marketing officer at MetLife, Michael Roberts enjoyed a brief opera career.
Direct lending outside the publicly traded realm of corporate bonds found greater favor amid low interest rates. Don’t look for that to change overnight as the Federal Reserve enacts inflation-fighting increases. Lack of trading opportunities, diversification and investment patterns may make it a crawl rather than a rush for the door.
The pandemic showed consumers the importance of life insurance, creating an opportunity for insurers to make a play to close the coverage gap and bring financial protection to more people.
Insurers in these markets must accept competition.
A recent California decision tackles one issue: Is a public nuisance claim based on the willful acts of the insured’s predecessor barred from coverage?
Hurricane Andrew made landfall in Florida in 1992, changing the face of the global reinsurance market just as it was beginning to emerge.
Hurricanes are becoming more powerful and destructive. One of the goals of the facility is to anticipate and learn from what a Category 6 hurricane would bring. The damage and destruction from a 185 mph sustained event hitting a highly developed U.S. coastline would be unprecedented.
Lucas Siegel, the founder and chief executive officer of Harbor Life Settlements, wants to make the life settlements industry resemble how homes are sold and bought online. By doing that, he’s hoping his company and the larger industry will grow by making the process more transparent and navigable for consumers.
Rate increases are driving a large part of the premium growth and are expected to continue to rise through 2022.
Overall, economic conditions continue to recover from the pandemic due to the country’s macro-stability, according to Best’s Market Segment Report: Market Segment Outlook: Peru Insurance. However, many of the actions taken to enhance economic recovery have aroused political interest, creating challenges for the current and future performance of the insurance market.
A hardening insurance market is among the factors resulting in more captives, nearly 20% of which are protected cells.
The name, image and likeness environment in college sports is compared to the wild, Wild West, and this includes the insurance aspect.
The insurance industry’s role in making the world a better place goes well beyond the “repair-and-restore” phase of a crisis.
Agents can work with their manufacturing clients to review their current business income protection and limits and educate them on the increased risks related to business income.
Best’s Review examines the impact of Hurricane Andrew on its 30th anniversary. The issue also includes coverage of life insurance settlements and rankings of the largest U.S. cyber and largest Latin America insurers.
AM Best analysts report that a combination of motivated sellers and active buyers with capital to deploy is expected to keep deal flow in the legacy market buoyant in 2022 and beyond.
Insurers were ranked by 2021 total standalone and packaged cybersecurity direct premiums written.
Insurers were ranked by 2020 gross premiums written.
Insurers were ranked by 2021 direct premiums written by line.
Insurers were ranked by 2021 direct premiums written.
Insurers were ranked by 2021 direct premiums written.
Insurers were ranked by 2021 direct premiums written.
Insurers were ranked by 2021 direct premiums written.
Insurers were ranked by 2021 direct premiums written.
RightSure’s Jeff Arnold says companies must consider why and how they are using technology.
The app from the National Association of Insurance Commissioners allows people to track their home inventory.
Best’s Underwriting Reports and Best’s Loss Control Reports provide insight into the lines of coverage, exposures and loss control for gun manufacturers.
Axa XL names global chief underwriting officer and Scor appoints successor to retiring CEO of reinsurance.
Industry groups say in addition to the increased costs and security concerns, their members don’t collect the kind of granular data that would be sought.
Pennsylvania’s new law prohibits government agencies from banning, discouraging or penalizing financial services firms from providing service to a “legitimate” cannabis-related company or its employees.
The company says as it adapts to new structures and flexible ways of working, it will continue to think about the future requirements for the spaces and services its marketplace needs.
Judge ruled carriers don’t have to cover homeowners’ loss-of-use expenses in Louisiana.
Some automobile insurance companies padded profits during early stages of COVID-19, Illinois officials said.
Royalty Capital Life Insurance, Viva Seguros and Southern Fidelity are among the U.S. life/health and property/casualty insurers that have experienced a corporate change.
Other trending research includes reports on D&O, U.S. MPLI and the Florida property market.
Also, industry professionals discuss Tornado Alley shift, lack of disability insurance and a surge in auto telematics adoption.
Professionals also examine how insurers can counter climate change through resiliency and discuss the wholesale insurance market.
Liberty Mutual leads web analytics provider Semrush's ranking of cyber insurers.
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