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U.S. P&C insurance industry’s net income drops 42.2% to US$7.7 billion in Q1 2017

June 26, 2017 by Canadian Underwriter

The private property and casualty insurance industry in the United States saw its net income after taxes drop to US$7.7 billion in the first quarter of 2017 from US$13.4 billion in Q1 2016, a 42.2% decline, according to ISO, a

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

U.S. P&C insurers report US$4.7 billion net underwriting loss in 2016: Verisk Analytics

May 8, 2017 by Canadian Underwriter

Private property and casualty insurers in the United States suffered a US$4.7 billion net underwriting loss in 2016 following a US$8.9 billion net underwriting gain in 2015, according to ISO, a Verisk Analytics business, and the Property Casualty Insurers Association

News InsuranceLegislation / RegulationTechnology

Cognitive computing platform to help companies implement anti-bribery management system: OutsideIQ

October 17, 2016 by Canadian Underwriter

Outside Intelligence has announced the availability of a cognitive computing platform to help businesses meet the guidelines of the new International Organization for Standardization (ISO) anti-bribery standard, ISO 37001. The platform produces automated due diligence reports – which businesses can

News Earnings / RatingsInsuranceMergers and Aqcuisitions

U.S. P&C insurers report US$1.5 billion net underwriting loss in first half of 2016

October 5, 2016 by Canadian Underwriter

Private property and casualty insurers in the United States reported a US$1.5 billion net underwriting loss in the first half of 2016 – the first year-to-date net underwriting loss in more than three years, according to ISO, a Verisk Analytics

News Earnings / RatingsInsuranceMergers and Aqcuisitions

U.S. private p&c insurers’ net income falls 26.6% in Q1 2016, combined ratio up 1.8%: Verisk

July 14, 2016 by Canadian Underwriter

Private property and casualty insurers in the United States saw their net income after taxes fall to US$13.3 billion in first-quarter of 2016 from US$18.1 billion in first-quarter 2015, a 26.6% decline, according to data from ISO, a Verisk Analytics

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ISO to collect cyber insurance data to help mitigate risk related to cyberattacks

April 6, 2016 by Canadian Underwriter

ISO, a Verisk Analytics business, announced on Wednesday that it will collect, aggregate and analyze cyber insurance data to help address a major issue facing today’s cyber insurance market: the need for more detailed underwriting and rating information. ISO said