Data & Research
At No. 2, AXA Is Highest with P/C Operations on A.M. Best Global Insurer Ranking
Coming in at No. 2, French company AXA S.A. is the highest ranking insurer with property/casualty operations on A.M. Best's new roundup of the top global insurers by net premiums written. Half the ...
Texas Tornadoes Led to Bulk of Dec. U.S. Insured Storm Losses: Aon Benfield
The last 10 days of 2015 turned out to be brutal in terms of weather, contributing to at least $2 billion in insured losses for the month of December, according to Aon Benfield's Impact Forecasting. ...
Insurers Ramp Up Wider Big Data Embrace for 2016: Novarica
Insurers appear ready to accelerate their embrace of big data, analytics and other aspects of emerging technology as they head into 2016, Novarica concluded in its third annual report on the matter. ...
Tianjin Explosions in China Didn’t Prevent Falling Marine Reinsurance Prices
Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of explosions at China's Tianjin port last August, reinsurance broker Guy Carpenter said ...
A Mature Cat Bond Market? 2015 Issuance Dropped 25% Over 2014
The catastrophe bond market may be showing some steady signs of maturity. Bond issuance, measured by new limit, came in at $6 billion in the 2015 fiscal year. That's one of the five most active ...
U.K. Insurers Can Handle Nation’s Historic Floods: A.M. Best
As the U.K. continues to deal with a winter of historic flooding, strong balance sheets and an otherwise light year for bad weather will allow insurers to absorb the losses, A.M. Best concluded in a ...
Is El Niño Making Way for La Niña?
The El Nino that disrupted weather worldwide last year has peaked. Now forecasters are predicting what may be next for the world's climate. A number of El Nino-Southern Oscillation indicators suggest ...
Natural Disaster Insurance Claims Plunged in 2015, but Climate Change Hurt: Munich Re
Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring the challenge posed by climate change, data from reinsurer Munich ...