Data & Research
Cyclone Debbie Cost P/C Insurers $1.3B, Swiss Re $350M
Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world's second-biggest reinsurer said on Thursday, an unusually high loss that could see ...
‘Adopt an Outsider’s View’ and Other Tips for Transitioning CEOs
Not all chief executives will be exceptional. What separates the top performers from the rest of the pack? A new study by McKinsey & Co. offers three lessons to help transitioning CEOs become ...
Cat Bond Issuance Hit $2.3B in Q1 as Market Habits Shifted: PCS
Catastrophe bond issuance reached $2.3 billion in the 2017 first quarter, a record level that landed slightly higher than the same period a year ago, the Property Claims Services Unit of Verisk ...
AmTrust’s Stock Plunges After Media Report Alleges 2014 FBI Investigation Over Accounting Practices
AmTrust Financial saw its stock price plunge nearly 19 percent Tuesday following a Wall Street Journal report alleging a 2014 FBI investigation of its accounting practices. The New York-based ...
2017 Atlantic Hurricane Prediction: A Slightly Below-Average Season
Colorado State University hurricane researchers are predicting a slightly below-average Atlantic hurricane season in 2017, citing the potential development of El Niño as well as recent anomalous ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...
Insurance Industry Jobs Among the Most Stressful: Study
Jobs in the insurance industry are among the most stressful, ranking No. 2 in a recent study by staffing firm Robert Half. The legal profession provides the most stress, according to the study by ...
Defective Products, Crashes, Human Error Cause Large Chunk of Business Liability Losses
Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty ...