Serious Change Underway at SiriusPoint
SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting and investment losses to ...
Underwriting
How 1,000 Owners Keep RLI’s Underwriting Profit Record Going
The underwriting expense ratio at RLI Corp. settles in at about 40 percent year in and year out, yet RLI's overall combined ratio is regularly among the best in the ...
How Underwriters Can Use Data to Gain Competitive Advantage
The phrases "data is the new gold" or "data is the new oil" indicate data has become a commodity in the insurance industry, but how can insurers harness their data to make processes faster and more ...
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market
Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld ...
Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts
In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2 billion, a premium ranking shows two carriers growing more than 150 ...
Beazley: Business Leaders Need to Focus on Long-Term Climate Change Mitigation Plans
The future of climate change risk management is set to change due to the confluence of natural catastrophes, evolving regulation and increased media scrutiny, according to a new environmental report ...
NJ Court Affirms Merck Ruling: War Exclusion Does Not Apply to Cyber Attack
The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in drugmaker Merck & Co.'s all-risk property ...
Google Search vs. ChatGPT AI: Which Should P/C Insurers Use?
Whether you're a casualty underwriter trying to investigate the most recent lawsuit filed against a potential insured or a journalist doing fact checking on recent events, a search engine like Google ...
Claim Professionals’ Perspective: D&O Market Correction Coming
The current directors and officers market is out of balance with insurers facing a soft underwriting landscape just as the volume and severity of claims are rising. The head-scratching imbalance was ...
The Mobility Revolution Is Coming for Insurers
What would you do if you had advance knowledge of massive changes coming to your industry? And what if you knew generally what form the changes would take and the likely ...