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At this week's Bermuda Climate Summit, speakers heralded the Island's future as a centre of excellence for climate-related innovation and risk transfer.
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California Insurance Commissioner Ricardo Lara was speaking about climate change's impact on insurance pricing at the Bermuda Climate Summit.
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“Tomorrow will be a better day.” “Next year will be a better year.” “The coming decade will be when this industry realizes its true potential.” We hear the same for most public enterprises.
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Risk capital comprises commercial risk and reinsurance, with human capital covering health, wealth and talent.
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Chubb earnings reveal strategic expansion in Asia and pricing outpacing exposure.
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Taking the 15-year view, P&C insurers have stayed steadily allocated to bonds, but took on a bit more risk when interest rates were near zero.
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Travelers posts strong results boosted by better pricing, personal lines performance, and favorable development.
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An early look suggests a mixed bag for carriers, as an extended pricing cycle competes with loss cost inflation and cat activity.
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The Insurance Collaboration to Save Lives is seeking life insurers to join an effort to deploy proactive health screening to reduce excess mortality.
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Tesla understands the data-driven nature of insurance and is looking to grow its auto insurance exposure, but the focus is on cars first
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Lemonade and Root both reported strong Q4 results, but will need to execute plans to near-perfection to turn things around.
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Chubb’s balanced view of the market as a whole, and pricing and loss cost trends in particular, puts it ahead of the curve on value creation, despite a difficult economic backdrop.