Data & Research
It Could Happen. But How Much Would Calif. Quake Impacting Both NorCal, SoCal Cost?
A large earthquake along the San Andreas fault impacting both Northern and Southern California at the same time could wreak much more havoc than previously thought. In fact, such an event was ...
The Third-Party Capital Juggernaut Continues Unabated: Standard & Poor’s
Perhaps the good news for U.S. property catastrophe reinsurers is this: the influx of third-party capital to their sector has slowed. The reality remains, however, that its growth continues to ...
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
Tech Innovation Top Growth Prospect for Reinsurers: Guy Carpenter Survey
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a new survey by Guy Carpenter & Co. LLC, global risk and reinsurance specialist ...
Digital Innovation, Personal Service Can Help Agents and Brokers Keep Wealthy Clients
The global high-net-worth individual (HNWI) population has increased by 5 percent so far in 2016 to 16.6 million, with total global HNWI wealth increasing by 4 percent to $58.7 trillion, according to ...
Workers Compensation Spending on Drugs Plunges Nearly 9%: Study
An analysis of pharmacy cost data shows there was an 8.7 percent drop in spending on drugs in 2015 in workers compensation injury cases. The decline in 2015 is consistent with the overall downward ...
After 6 Years of Fast Growth, Cyber Insurance Purchasing Slows Down
There are signs in 2016 that the cyber insurance market is slowing after six years of rapid growth, even as the overall upward trend of organizations purchasing cyber insurance continued. A 2016 ...
Hundreds of Italy Quake Aftershocks Expected; Coverage Gaps Possible
With central Italy reeling from yet another earthquake that hit on Oct. 30, and bracing for many aftershocks to come, AIR Worldwide cautions that there may be gaps there in earthquake insurance ...