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Swiss Re’s Holzheu: 2023 Natural Cat Insured Losses Reach $108 Billion

Thomas Holzheu, chief economist, Swiss Re, discusses the company’s latest natural catastrophe sigma report that shows the types of events that lead t…

2 years, 6 months ago

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III CEO: Legal-System Abuse Hurts Insurers, Consumers

Sean Kevelighan, CEO of the Insurance Information Institute, discusses how so called nuclear verdicts, litigation funding and other legal-system abus…

2 years, 6 months ago

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Insurance Regulators Sharpen Focus on AI, Machine Learning to Ensure Fairness

Theresa Young, CSAA Insurance Group; Michael Angelina, St. Joseph's College; and Steve Clarke, Verisk, said issues also arise from lack of regulation…

2 years, 6 months ago

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Author: Perseverance, Dedication, Leap of Faith Keys to Launching a Successful Insurance Business

In his book, Agent to Agent: Revealing the Story and Strategy for Insurance People, BI&I Group Vice President and Chief Operating Officer Leo Bados J…

2 years, 6 months ago

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Into the Breach: Plan Ahead for Cyberrisks

Tim Nunziata, vice president and head of cyber risk, Commercial E&O at Nationwide said that when it comes to a cyber incident, the idea of being able…

2 years, 6 months ago

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AM Best's Manyem: Insurers Navigate Data Privacy, Regulation With Wearables

Sridhar Manyem, senior director, AM Best, said other key issues with data from wearables include using it ethically and compliantly. Manyem spoke wit…

2 years, 6 months ago

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Panel: Interest Rates, Inflation Create Challenging Conditions for Insurers

Jay Guin, Verisk; Tim Aman, Aon; and Ole Hanekop, Hannover Re, reviewed the importance of accurate valuations and innovative solutions to address lat…

2 years, 6 months ago

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Counterpart's Hackett: ChatGPT, AI Leverage Repetition to Analyze Risk

Tanner Hackett, CEO, Counterpart, said new machine learning and similar systems help insurers synthesize huge data sets for better underwriting, mark…

2 years, 6 months ago

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Industry Report Shows Auto Insurance Shopping Is Escalating

Stephen Crewdson Sr., director, insurance business intelligence, J.D. Power, details a report with TransUnion that shows after months of decreasing a…

2 years, 6 months ago

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Panel: Reducing Wildfire Risk Requires a Multilayered Approach

Insurance risk experts who spoke with AM Best TV at the Verisk Insurance Conference in Orlando, Florida, said governments are at the early stages of …

2 years, 6 months ago

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