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BestWeek - May 3, 2021 Edition
The International Financial Reporting Standard 17 may radically recast the way many insurers report to external financial stakeholders, but shouldn’t change the nature of their business, according to an AM Best TV panel.
May 03, 2021 - 27 Pages       
BestWeek - April 26, 2021 Edition
Organizers are using COVID-19 lessons learned last year to improve and expand industry events that remain largely virtual or hybrid, although nearly all fall events could return to live gatherings.
April 26, 2021 - 28 Pages       
BestWeek - April 19, 2021 Edition
A reckoning over the fairness and reliability of big data and artificial intelligence in insurance may be stirring as state regulators key in on the issue following a year of racial justice movements and social unrest.
April 19, 2021 - 24 Pages       
BestWeek - April 12, 2021 Edition
SPACs Offer Insurtechs Opportunity as Sponsors Scramble for D&O Covers
April 12, 2021 - 26 Pages       
BestWeek - April 5, 2021 Edition
Insurance trade groups are expecting the virtual spring meeting of the National Association of Insurance Commissioners to be a “table setter” for the rest of the year as many of the subcommittees and work groups that normally meet during the weekend event are getting together before and after the spring meeting to accommodate its online-only format.
April 05, 2021 - 21 Pages       
BestWeek - March 29, 2021 Edition
In a market moving toward greater disclosure of environmental, social and governance risks, carriers are beginning to realign their staff and corporate structure to better respond to regulators and investors seeking data on how insurers approach social responsibility.
March 29, 2021 - 27 Pages       
BestWeek - March 22, 2021 Edition
As with nonlife reinsurance, the COVID-19 pandemic will have a lasting impact on the life reinsurance market as underwriters study the direct losses, economic toll and costs of missed treatments for other ailments. The impact from high U.S. mortality is especially noteworthy, said multiple observers and insurers.
March 22, 2021 - 26 Pages       
BestWeek - March 15, 2021 Edition
Vantage and fellow newcomer Conduit Re opened shop in 2020, arguably the weirdest and most uncertain year in a long time. As reinsurers, they are betting freedom from the past will make them less exposed to low interest rates and that capacity is growing at the same time the demand for their product is growing. Both are domiciled in Bermuda.
March 15, 2021 - 27 Pages       
BestWeek - March 8, 2021 Edition
Personal automobile insurance rates are falling as carriers flush with profits try to gain market share. Some attribute the decline to altruism during the COVID-19 pandemic, but observers point to profits that shot up when virus-containment shutdowns put the brakes on travel.
March 08, 2021 - 28 Pages       
BestWeek - March 1, 2021 Edition
A desire by underwriters to shed noncore business as they adapt to rapid market changes, along with increased confidence in the tools of the trade, are driving a momentum for new deals for the property/casualty runoff market.
March 01, 2021 - 29 Pages