Most read stories for the week include an article on the impact of Federal Reserve's rate hike on the digital lending industry and a look at the decline in underwriting profitability of the U.S. P&C industry during the third quarter.
Some equity research analysts veer off Wall Street
Challenges in the equities industry are prompting some research analysts to get in touch with their entrepreneurial spirits, pushing them to leave Wall Street and lead their own businesses.
Allied World is latest insurer selling for scale
Capabilities and scale were two of the factors the CEO of Allied World Assurance Co. Holdings AG cited as benefits of selling to Fairfax Financial Holdings Ltd.
US P&C industry under profit pressure in H2'16
Ongoing struggles in the auto insurance business, in combination with higher catastrophe losses, made for a sharp year-over-year decline in the underwriting profitability of the U.S. property and casualty industry during the third quarter.
Digital near-prime lender seeks 'breathing spell' through Chapter 11 bankruptcy
A fast-growing online specialty finance company that touted its "dedication to Big Data" as a competitive advantage in underwriting consumer installment loans filed Dec. 16 for protection under Chapter 11 of the U.S. Bankruptcy Code.
Digital lenders shrug off rate hike
News of an increase in the Federal Reserve's benchmark rate seems to have passed digital lenders by so far, although companies with a direct or hybrid lending model will likely need to increase interest rates on loans faster than those operating a pure marketplace model.