Critical Information for P/C Carrier Executives
| Today's Headlines | October 28, 2021 |
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At ITC Vegas 2021, InsurTech entrepreneurs and insurance executives came to the large industry gathering well-positioned to market their digital products after their pandemic experiences, along with new insights on how they themselves could get work done remotely. After their experiences, carriers were changed, too, challenged by the pandemic to accelerate their digital transformations and focus on their employees' collective well-being. read more | | |
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The coronavirus pandemic is driving millions of Americans to retire early or quit their jobs in a reassessment of their lives, leaving corporate America struggling to fill open positions. Chubb Chairman and CEO Evan Greenberg said his company and its 31,000 employees has adapted to the trend with heavier recruitment efforts and greater long-term flexibility in working arrangements. read more | | |
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Greenfields are different. They start small, test, learn and adjust until your products, services, and experiences are ready to scale. They combine what's possible from a start up with the capital, resources, and savvy associated with an established insurer. This free eBook helps insurers understand ...read more |
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With primary rate changes approaching 50 percent and underwriting questions about network controls becoming more and more detailed, cyber insurers and reinsurers are reacting to an onslaught of ransomware attacks against policyholders and prospects. But are the actions enough to keep ahead of the bad guys? Did they react too slowly? Questions about the adequacy... read more | | |
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Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on certain multinational companies creates the potential for double taxation for some insurance companies, according to an AM Best commentary. read more | | |
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SPONSORED BY: CoreLogic In its 2021 Wildfire Report, CoreLogic analyzes risk and resilience through a housing stock comparison lens to understand the most accurate potential impact of a devastating wildfire season. Readers might be surprised to learn... read more |
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The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40% chance of experiencing an annual loss of more than $200 billion in the next decade, according to Boston-based modeling firm AIR Worldwide. read more | | |
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Global investment in insurance technology (InsurTech) start-ups totalled $10.5 billion in the first nine months of 2021, a record high level for the period, reinsurance broker Willis Re said on Wednesday. read more | | |
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Ping An Insurance Group Co of China Ltd , the country's largest insurer by market value, posted a 31.2% fall in third-quarter net profit on Wednesday as its premium income shrank on a weak economy and profit was dented by losses on investment assets. read more | | |
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Everest Re Group brought on a former Munich Re executive in a leadership role, and promoted another executive within its Treaty Casualty & Surety division. W. R. Berkley Corp. appointed a new president of its Admiral Insurance Group unit. Pie Insurance named a new board member who will help support the company's continued expansion. read more | | |
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| Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | |
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| As large P&C carriers and brokers continue to grow through mergers and ... read more | |
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| Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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| Data should point the way, not get in the way. Making the most of abundant ... read more | |
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