Risk & Capital Management
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
PwC Board Survey: Majority of Large Insurers Have Risk Committees, CROs
Property/casualty insurance company senior executives aren't the only carrier leaders overwhelmed by multiple demands on their time. Members of P/C insurer boards of directors are similarly ...
Cyber Attacks Becoming Significant Threat to Insurer Credit Quality: A.M. Best
Insurance rating agency A.M. Best still considers natural catastrophe losses to be the primary threat to the financial strength and credit quality of property/casualty insurers, but cyber-attack ...
EC Finds Solvency II Equivalence for Bermuda
The Bermuda Monetary Authority (the Authority) and several international insurance organizations confirmed the European Commission's publication of a Delegated Act recognizing the equivalence of ...
CAS Launches Program Leading to Predictive Analytics, Data Science Credentials
Specialists in predictive analytics and data science will soon be able to add credentials reflecting their expertise to their résumés and business cards, provided they meet the requirements of a ...
How Much Insurance Does an Insurer Need? Data Analytics Transforming Carrier ERM
Big data and analytics are driving a transformation in insurance purchasing decisions, and insurance company chief risk officers are among those being impacted by the wave of change. Carriers are ...
RLI Announces $2 Special Dividend
On Thursday, RLI Corp. announced that its board of directors declared an extraordinary cash dividend of $2.00 per share of common stock in addition to a regular quarterly cash dividend of $0.19 per ...
Mexico Cat Bond Likely to Pay on Hurricane Patricia Losses: S&P
Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard ...