Best's Review

TransUnion: One in Three Consumers Cut Back on Homeowners, Auto Coverage During COVID-19

Also, industry professionals discuss employees’ return to the workplace and how the most successful insurers will use artificial intelligence to the fullest.

Posted: Jul 30, 2021

Visits to World’s Largest Insurers

Home Sweet Homepage: State Farm and Kaiser Foundation lead web analytics provider Semrush's ranking of the world's largest insurers based on net premiums written.

Posted: Jul 30, 2021

Top Insurers, Reinsurers Form Climate Change Group Net-Zero Insurance Alliance

All eight founding members are already individually setting science-based 2025 decarbonization targets for their respective investment portfolios in line with a net-zero transition.

Posted: Jul 30, 2021

Mergers, Acquisitions, State Action and Name, Domiciliary and Ownership Changes

Greenhouse Life, United International and Global Hawk Property and Casualty are among the U.S. life/health and property/casualty insurers that have experienced a corporate change.

Posted: Jul 30, 2021

Panel Examines Issues and Trends in the Wholesale Insurance Market

Professionals also discuss the effects of the COVID-19 pandemic on the auto insurance industry.

Posted: Jul 30, 2021

Trending Research Includes Reports on Innovation, Ransomware and ESG

Other trending research includes a report on IFRS 17, the Florida market and Best’s Impairment Rate and Rating Transition Study.

Posted: Jul 30, 2021

App Helps Drivers Shop for Car Insurance and Provides Reminders

The CarInsurance app enables users to save on auto coverage, said Penny Gusner, consumer analyst.

Posted: Jul 30, 2021

Essays Detail How to Prepare for and Mitigate Risks of Future Catastrophes

Howard Kunreuther and his co-editors also highlight the importance of combining risk assessment with risk perception.

Posted: Jul 30, 2021

Make Rate Filing Easier by Streamlining Data Processes

Updating state rate filings can reduce loss ratios and improve market share. However, many insurers face bottlenecks in their technological processes.

Posted: Jul 30, 2021

Tennessee Cuts Capital Requirements for Protected Cell Captives

The amendments also will allow captives to write parametric coverage.

Posted: Jul 30, 2021

Commercial Insurance Brokers — Disruptors Are Headed for You

Outdated technology has brokers at a disadvantage with newcomers ready to pounce.

Posted: Jul 30, 2021

Pandemic Backstops Face Uphill Battle Amid COVID-19 Crisis UPDATED 7/23/21 3:00P.M.

The insurance industry wants a government-assisted business interruption gap fix before the next pandemic hits.

Posted: Jul 30, 2021

Sompo International Holdings Ltd. Names Successor to Retiring Executive Chairman John Charman

Also, Gallagher Re appoints new chief executive officer, Scor names new CEO for Canada operations and ABI director general to step down.

Posted: Jul 30, 2021

AM Best: Insurers Reassessing Cyberrisk Due to Ransomware, Aggregation Risks

Cyber insurers are reacting to the consequences of ransomware attacks as a new AM Best report says the trend in cost containment is disturbing.

Posted: Jul 30, 2021

AM Best: COVID-19 Sparked Innovation for Insurers in Russia

The pandemic presented challenges for Russian insurers in terms of both the asset and the liability sides of their balance sheets. It also highlighted the increasingly important role of technology and innovation in the industry.

Posted: Jul 30, 2021

Connecting With Customers by Building Brand Communities

It’s also important for marketers to tell their story and their organization’s societal impact so consumers can align themselves with their brand and products, said Wharton’s Americus Reed II.

Posted: Jul 30, 2021

Insurers Take Initial Steps to Explore the Use of Cryptocurrency

The August issue also includes coverage of the reinsurance sector and a ranking of the largest insurers in Russia and Kazakhstan as well as the largest risk retention groups, based on AM Best data.

Posted: Jul 30, 2021

Bold Penguin: Insurance Sales Are Evolving Into Faster, Less-Expensive Transactions

Home Sweet Homepage: Aon and Willis Towers Watson, top-tier brokers in the process of combining, lead web analytics provider Semrush’s ranking of insurance brokers.

Posted: Jul 19, 2021