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| | | | | | | Driving change forward | | | | We stay one step ahead to help move people forward — in capable, prepared, courageous, and confident ways. A future we invest in, and that you can trust in. | | | | | | | | Munich Re US | | |
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| Today's Headlines | April 5, 2022 |
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Promoting Environmental, Social and Governance (ESG) performance has become a top priority of corporate executives and boards everywhere, including in property and casualty insurance. However, promoting ESG performance requires measuring it, and nearly 18 years since the term ESG was first coined in a 2004 UN-sponsored report, and decades since "socially-responsible" investing came into vogue,... read more | | |
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| | | Advertisement | | |  | | | | LIVE WEBINAR // Wed, April 6 | | | Minor specialty lines (e.g., cyber, cannabis, flood) are re-emerging as major coverages.
Learn how a flexible approach to insurance technology can help you grow your business! | | | | | | | | ClarionDoor |
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Flood, fire and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on Sunday. The Office of Management and Budget assessment, tasked by President Joe Biden last May, found the... read more | | |
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How confident are you that the most up-to-date, reliable pricing information is driving the replacement cost estimates for your book of business? And even if your claims lined up with your premium yesterday, are you sure that today's rising inflation, higher costs for materials and ... read more | | |
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Insurance executives who oversee more than $13 trillion in assets expect the U.S. to enter a recession in the near future, according to an annual survey conducted by Goldman Sachs Group Inc. Of 328 chief investment officers and chief financial officers polled, more than 60 percent anticipate the world's largest economy will experience a downturn... read more | | |
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Credit Suisse said on Monday that litigation related to Greensill supply chain finance funds (SCFF) could take around five years and warned that some investors would not be able to recover their money. Credit Suisse racked up a 1.6 billion Swiss franc ($1.73 billion) loss last year when it was hit by the implosion of... read more | | |
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Amica Mutual Insurance Company's board of directors announced that Chairman, President and CEO Robert A. DiMuccio plans to retire at the end of 2022 following 31 years with the company, including 17 as CEO. The board of directors, with the assistance of an independent advisor, initiated a CEO succession process in late 2021 and expects... read more | | |
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Self-driving truck companies in the U.S. have a golden opportunity in the form of a nationwide driver shortage, but their robot drivers still are not ready, and neither are their biggest potential customers. The uncertainties surrounding autonomous trucking come at a critical time for the U.S. trucking industry, which faces a record shortage of 80,000... read more | | |
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Randall & Quilter Investment Holdings Ltd. (R&Q), the Bermuda-based program management and legacy acquisition specialist, announced it has agreed to be purchased by shareholder Brickell PC Insurance Holdings LLC for £482 million ($632 million) in cash, as well as $100 million of new equity funding. Under the terms of the acquisition, each R&Q shareholder will... read more | | |
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RenaissanceRe Holdings Ltd. has made key appointments to advance its Environmental, Social and Governance (ESG) strategy. Kevin J. O'Donnell, president and chief executive officer of RenaissanceRe, will serve as chair of ClimateWise. ClimateWise, in partnership with the University of Cambridge Institute for Sustainability Leadership brings together reinsurers, insurers, brokers and industry service providers to promote... read more | | |
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| | According to Harvard Business Review, low-quality data costs U.S. businesses ... read more | |
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| | Evolve from "good enough" to actionable data to empower your underwriting. Stop ... read more | |
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| | Michael DeGusta (who started his career at Apple.com and later co-founded the ... read more | |
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| | This must-read white paper illuminates the role technology plays in solving two ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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