Third Point said in a letter to shareholders last month that the quarter was one of the most catastrophic periods for hedge funds since the firm was founded.
Insurers operate in an increasingly complex world of disparate state regulations, evolving customer preferences, heightened competition and continually expanding, multifaceted data.
Insurers across all sectorsProperty & Casualty, Life/Annuity and Healthshared their views on a range of topics from the economy to industry competition in A.M. Best's Winter 2015/2016 Insurance Industry Survey.
Natural catastrophes continue to be responsible for the majority of insured and economic losses around the world, but man-made disasters also are having a significant effect.
In today's litigious environment, claims against industrial companies are inevitable, and off-the-shelf solutions to manage liability risks too often are inadequate.