Tag: Risk Management

MetLife Completes $10B Variable Annuity Risk Transfer with Talcott Resolution

MetLife completes a $10 billion variable annuity risk transfer with Talcott Resolution, reducing portfolio risk and accelerating legacy business run-off while managing $6 billion in assets.

Nationwide Partners with AI Firm Chrp for Virtual Home Risk Inspections

Nationwide teams with AI platform Chrp to offer virtual home inspections, identifying risks early to reduce homeowners insurance claims and improve loss prevention.

AM Best Upgrades U.S. Homeowners Insurance Outlook to Stable on Risk Management Gains

AM Best upgrades U.S. homeowners insurance outlook to stable amid improved rate adequacy, catastrophe risk management, and softening reinsurance market conditions. Technology and pricing discipline boost segment resilience.

Survey Reveals Florida Homeowners' Insurance Concerns Amid Rising Climate Risks

A Florida Atlantic University survey finds climate hazards and rising insurance costs driving relocation considerations among Floridians, impacting homeowners insurance and risk management strategies.

NWS Issues Wind Advisory for Malibu: Implications for Risk and Insurance

The National Weather Service issues a wind advisory for Malibu with significant implications for property and vehicle insurance risk management and claims due to potential wind damage.

PMA Companies Appoints Morgan Regier as Underwriting Manager in Specialty Insurance

Morgan Regier joins PMA Companies as Underwriting Manager in Specialty Insurance Division, bringing extensive experience in programme business and alternative risk solutions.

AM Best Revises U.S. Homeowners Insurance Outlook to Stable Amid Market Improvements

AM Best updates U.S. homeowners insurance outlook to stable, citing improved premium growth moderation and enhanced catastrophe risk management amid better reinsurance market conditions.

Nationwide Partners with AI Platform Chrp to Modernize Home Inspections

Nationwide teams with AI platform Chrp to offer smartphone-based home inspections, improving risk detection and claims prevention for homeowners nationwide.

Nationwide Launches AI-Powered Virtual Home Inspection to Mitigate Risk

Nationwide partners with Chrp to offer AI-driven virtual home inspections, enhancing risk detection and loss prevention in homeowners insurance nationwide.

Investigation of PICC Property and Casualty President Signals Regulatory Scrutiny

PICC Property and Casualty Co. Ltd. faces regulatory investigation as President Yu Ze comes under scrutiny, highlighting increased oversight in China's property insurance sector.