Critical Information for P/C Carrier Executives
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| | | Life Insurers' Net Investment Spreads | | Declining yields over the decade(s) continue to challenge the life insurance industry. Are life insurers making adequate investment spreads? | | | | New England Asset Management (NEAM) | |
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Today's Headlines | May 13, 2021 |
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Events over the past year have catapulted Diversity & Inclusion (D&I) into the sights of employees, investors, organizations, consumers and the board with a renewed urgency. As a result, there is also a sharper focus and heightened awareness that D&I should be managed within a broader human capital management strategy. Companies are pursuing their employee... read more | | |
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If the National Association of Insurance Commissioners doesn't act this year to correct systemic racial bias in insurance ratemaking and other processes, Congress may pass anti-discrimination laws that apply to insurance, a consumer advocate said earlier this month. Birny Birnbaum, the director for the Center for Economic Justice, a consumer advocacy organization, made the prediction... read more | | |
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Because of job losses and shrinking payrolls during the pandemic recession, the workers compensation industry's net written premium dropped 10 percent to $42 billion in 2020. However, private insurers posted a profitable calendar year combined ratio of 87, the industry's fourth straight year with a combined ratio below 90. read more | | |
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Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty Actuarial Society board of directors to rescind them late last year seemed like a long shot. But with pressure continuing to come from a group of regulatory actuaries and actuaries who represent consumer interests, even... read more | | |
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Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer's chief financial officer said on Wednesday after it reported solid first-quarter earnings. read more | | |
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Planck has attracted $20 million in additional venture capital cash. The InsurTech startup - centered around an AI-based data platform for commercial insurance - plans to use the investment to expand into Europe, the U.K. and the Asia/Pacific region, and to build out its U.S. team. read more | | |
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Aon plc and Willis Towers Watson will sell off some assets to Arthur J. Gallagher & Co. for nearly $3.6 billion, settling antitrust questions raised by European regulators in their meg-merger bid. read more | | |
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Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter. read more | | |
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| For insurance companies providing a policy update, the cost of a double-digit ... read more | |
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| Many insurers are struggling to keep up with changing customer dynamics and ... read more | |
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| Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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| Your insurance brand needs people, and people need your brand, so how do you ... read more | |
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| Name and address are all you would need when an applicant comes to you for ... read more | |
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