Insurance Archives - Residential Property Insurance & Business Management

Will the next iPhone charge wirelessly? February 13, 2017
The days of plugging in an iPhone to charge won't last forever.
How 'America First' could turn into to 'India First' February 13, 2017
Nandan Nilekani, co-founder of one of India's biggest outsourcing companies, says an H-1B visa crackdown would ultimately hurt the U.S.
Mexico ready to retaliate by hurting US farmers February 13, 2017
Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.
Stocks hit record again. Is Trump the reason? February 13, 2017
The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.
Apple stock nears record high February 13, 2017
Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.
America's NAFTA nemesis: Canada, not Mexico February 13, 2017
President-elect Donald Trump focuses his criticism of NAFTA on Mexico. But Canada and America have a rocky trade history too.
Verizon's plan: Consumers win, investors lose February 13, 2017
Verizon has decided to bring back unlimited data plans. But while that's great for its subscribers, it's awful news for investors. It's another sign of how brutally competitive the telecom business is. And it's hurting Verizon's stock.
Tesla will sell electric cars in the Middle East February 13, 2017
The automaker announced Monday that its first official venture in the oil-rich Middle East will be in the United Arab Emirates.
Trump brand takes another hit February 13, 2017
Sears Holdings, the company that owns retail stores Sears and Kmart, said this weekend that it would remove 31 Trump-branded items from its website.
Swiss voters reject corporate tax overhaul February 13, 2017
Read full story for latest details.
Oil prices have doubled in a year. Here's why February 13, 2017
The price of crude oil has more than doubled over the past year after bottoming out at $26 per barrel in February 2016.
Indian rival slams Uber's business model February 13, 2017
Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local.
Verizon is bringing back unlimited data February 13, 2017
Read full story for latest details.
Cutting down trash with bamboo packaging February 13, 2017
Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture of bamboo and cassava.
'Lego Batman' producer, then Treasury sec? February 12, 2017
Treasury secretary pick Steven Mnuchin is an executive producer on Warner Bros.' "The Lego Batman Movie," which pulled in an estimated $55.6 million from U.S. audiences during its opening weekend.
Cook calls for campaign against fake news February 12, 2017
Apple CEO Tim Cook wants the tech industry to take action against "fake news" stories that are polluting the web.
Nike stars champion 'Equality' in new ad February 12, 2017
Nike on Sunday launched a star-studded short film titled "Equality" that coincides with Black History Month.
Visa crackdown puts these rural doctors at risk February 11, 2017
Read full story for latest details.
Trump isn't killing the bull market. Here's why February 10, 2017
Read full story for latest details.
Are we heading for another Greek debt crisis? February 9, 2017
It may seem like a recurring nightmare, but Greece is in danger of running out of money again.

RNAC: Industry in disruptors’ crosshairs - FREE September 29, 2016
The re/insurance sector is in the early stages of technology-led disruption, according to a panel debate at the Reactions North American Insurance and Reinsurance Conference yesterday.
Axa IM adds to ILS team September 29, 2016
Axa Investment Managers has appointed two new members to its Insurance Linked Securities (ILS) team.
Watchdog to look into UK’s comparison websites September 29, 2016
A study of digital comparison tools, including those for insurance, has been launched by UK regulators.
RNAC: Healthcare can inspire P&C big data September 29, 2016
The healthcare industry should be seen as a beacon by the property and casualty industry on how to harness the power of big data.
Strong H1 for Brazil’s reinsurance market September 29, 2016
Brazil’s reinsurance market performed well in the first half of this year, compared with last year.
AIG, Hamilton, Two Sigma launch Attune September 29, 2016
The new Attune commercial insurance partnership has been launched to serve US small to medium sized enterprises (SMEs).
RNAC: LatAm political risk improving September 29, 2016
Venezuela and Brazil pose risks, while Colombia and Argentina are among those Latin American countries with improved political risk prospects.
RNAC: CEOs pushing back against regulation September 29, 2016
Stan Galanski and Terrence Cavanaugh have warned against imposing tough and unnecessary regulation on the US insurance market.
RNAC: Terrorism risk, covers evolving September 29, 2016
New risks and broadening covers reflect the evolution of global terrorism attacks, said a panel at today’s Reactions North American Conference.
RNAC: Industry behind talent crisis September 29, 2016
CNA's chief executive Thomas Motamed has laid the talent crisis firmly at the feet of the industry.
Typhoon Megi makes landfall in Taiwan September 27, 2016
The storm is the latest of several to impact the region in recent weeks, although once again, Risk Management Solutions believes insured losses will be low.
WTW names Marchitello NA prop broking head September 27, 2016
Willis Towers Watson has hired Gary Marchitello to lead its property broking operations in North America.
Asta appoints new non-exec director September 27, 2016
Managing agent Asta has appointed a new independent non-executive board director from Hiscox.
Miller expands model capabilities September 27, 2016
Miller has hired Melissa Nunes from JLT Re to strengthen its catastrophe model capabilities.
E&S will outperform P&C in 2017 - Fitch September 27, 2016
The excess and surplus line of business is becoming increasingly attractive to insurers and reinsurers, but it remains highly specialised.
Coface launches three year finance plan September 27, 2016
French trade credit insurer Coface has launched a three year plan in order to improve its position in the market.
Scor frustrated as EC overturns CCR ruling September 27, 2016
Scor has promised to appeal after the European Commission gave its support to France's state backing for Caisse Centrale de Réassurance's natural catastrophe exposures.
PartnerRe appoints new Brazil head September 26, 2016
PartnerRe has appointed a replacement for David Preti who requested to return to Europe.
Everest Insurance hires new E&S head September 26, 2016
Everest Insurance has appointed a former Markel insurance director to head its excess and surplus casualty unit.
Brit receives new syndicate approval September 26, 2016
Specialty insurer Brit has received preliminary approval for its new syndicate which will begin underwriting early next year.

RNAC: Healthcare can inspire P&C big data September 29, 2016
The healthcare industry should be seen as a beacon by the property and casualty industry on how to harness the power of big data.
Strong H1 for Brazil’s reinsurance market September 29, 2016
Brazil’s reinsurance market performed well in the first half of this year, compared with last year.
RNAC: Industry behind talent crisis September 29, 2016
CNA's chief executive Thomas Motamed has laid the talent crisis firmly at the feet of the industry.
Typhoon Megi makes landfall in Taiwan September 27, 2016
The storm is the latest of several to impact the region in recent weeks, although once again, Risk Management Solutions believes insured losses will be low.
WTW names Marchitello NA prop broking head September 27, 2016
Willis Towers Watson has hired Gary Marchitello to lead its property broking operations in North America.
Miller expands model capabilities September 27, 2016
Miller has hired Melissa Nunes from JLT Re to strengthen its catastrophe model capabilities.
Scor frustrated as EC overturns CCR ruling September 27, 2016
Scor has promised to appeal after the European Commission gave its support to France's state backing for Caisse Centrale de Réassurance's natural catastrophe exposures.
Typhoon Malakas rocks Japan September 23, 2016
The typhoon struck Japan with the strength of a category 3 hurricane, causing floods and power outages.
FEMA makes first NFIP reinsurance purchase September 22, 2016
The Federal Emergency Management Agency has made its long-awaited and much hoped for move and bought its first reinsurance programme.
P2P insurer Lemonade launches in New York September 22, 2016
Lemonade, which has secured support from Silicon Valley and the traditional insurance market, has launched in New York.
Bleak outlook for offshore energy - IUMI September 21, 2016
The offshore energy sector is caught between a lower premium base, and peak exposures, the International Union of Marine Insurers has said.
Louisiana flood up to $11bn insured loss September 19, 2016
After historic flooding in Louisiana, cat risk modeller AIR Worldwide has come out with its maximum insured loss estimate.
Lloyd’s, LMA, Oasis strike cat models deal - FREE September 19, 2016
Applied Research Associates (ARA) has shared its US hurricane model, plus a Middle East earthquake model, for Lloyd’s managing agents via the Oasis open source cat models platform.
Guy Carp calls for cat model standards September 15, 2016
As re/insurers change how they interact with cat modeling firms, Guy Carpenter has advocated for a more streamlined approach to choosing the right model.
TigerRisk raids WCMA for new London head September 15, 2016
TigerRisk has once again turned to Willis Capital Markets & Advisory as the firm looks to build out its own specialist unit in London.
Market is close to pricing trough September 14, 2016
The reinsurance industry is moving ever closer to the bottom of the soft market following repeated pricing declines in numerous products and geographies.
Stability and expansion key to Everest Re September 14, 2016
Unlike some of its competitors, Everest Re is shunning merger and acquisition to focus on organic growth.
RVS covered for terror attacks September 14, 2016
The organisers of the Rendez-vous de Septembre went to the precaution of purchasing terrorism insurance cover in light of the attacks that have hit France recently.
Sompo Canopius to launch ILS fund September 14, 2016
Sompo Canopius is in talks to open an insurance linked securities fund.
Scor guns for US market growth September 11, 2016
Scor continues to target the US reinsurance market as an area of great opportunity for the French firm.