All the headlines from our Market Topic Page, ordered by recency.
Nov 25 2015 // The global economy is expected to strengthen moderately next year, which will support insurance premium growth in most regions, according to Swiss Re’s latest publication titled “Global insurance review 2015...
Nov 23 2015 // Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business...
Nov 23 2015 // ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail...
Nov 23 2015 // Ironshore Inc. and Fosun International Ltd. announced that Fosun has completed the acquisition of the remaining 80 percent equity interest in Ironshore.Fosun has received approvals from all relevant regulatory authorities...
Nov 19 2015 // More than 8,575 insurance industry volunteers from 76 cities in 30 states provided more than 25,000 hours of service to community nonprofits during the Insurance Industry Charitable Foundation’s (IICF) Week of...
Nov 19 2015 // Could it be that the property/casualty insurance industry has company in not feeling the love of millennials?Yes, it could. The Hartford has released new research that shows key industries driving the U.S. economy,...
Nov 18 2015 // As a millennial, it appears to me that a majority of anyone outside of this particular generational group possesses a sort of mixed-feeling consisting of fear, intrigue, obsession and annoyance when it comes to...
Nov 18 2015 // Ohio Lieutenant Governor and Insurance Director Mary Taylor is urging Ohioans who are members of the military — both actively serving and veterans — to consider a career in insurance. The state is offering free...
Nov 16 2015 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2014, more than $570 billion of DPW was reported, a record high for the industry. For 2014, total...
Nov 16 2015 // William R. Berkley’s last earnings conference call as chief executive officer of the company that bears his name lasted just over 20 minutes, with a lack of questions about a less-eventful quarter than competitors...
Nov 16 2015 // Builders and contractors can expect another year of steady growth in 2016 and so can the insurance specialists that serve this rebounding market.The construction industry across the board is seeing strong growth, says...
Nov 16 2015 // Consumers Mutual Co-Op, in consultation with the Michigan Department of Insurance and Financial Services (DIFS), has decided to enter into a run off of its health insurance business, the DIFS announced. Consumers Mutual...
Nov 12 2015 // The Westfield Insurance Foundation is creating the James R. Clay Scholarship to honor its outgoing chairman and CEO.The Ohio Farmers Insurance Co. (OFIC) board of directors authorized the transfer of $100,000 to the...
Nov 9 2015 // There are not many insurance executives who will quote inventor Thomas Edison, Microsoft’s Steve Baumer, futurist Alvin Toffler, Moore’s Law and philosophers Aristotle and Plato.There are also not many people...
Nov 6 2015 // Consumers Mutual Co-Op, in consultation with the Michigan Department of Insurance and Financial Services (DIFS), has decided to enter into a run off of its health insurance business, the DIFS announced.Consumers Mutual...
Nov 5 2015 // A technology that gives claimants more control of the claims process and another that makes data conversion easier for insurers have been named winners of the 2015 ACORD Insurance Innovation Challenge.ACORD, the insurance...
Nov 5 2015 // Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules...
Nov 2 2015 // Europe’s largest insurance markets have continued to show some signs of recovery, with many experiencing top-line growth, driven by the life sector, according to a new report by A.M. Best.In general, the increases in...
Nov 2 2015 // A rise in on-demand car services and the adoption of autonomous vehicles will be contributing factors to a huge reduction in the size of the auto insurance market, according to a report by the consulting firm KPMG.In its...
Nov 2 2015 // The outlook for the U.S. homeowners market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield.A new report by Aon Benfield Analytics...