Data & Research
Extreme Western Wildfires Are Not New Occurrence: University Research
New research by scientists at the University of Wyoming has found that extreme wildfire seasons are nothing new in the Rocky Mountain region: They also happened hundreds of years ago, after global ...
Q3 Property Cat Bond Issuance Hit $700M: Verisk
Nearly $700 million in property cat bond issuance took place during Q3 2015, a number considered relatively light compared to past years, noted a new report from the Property Claim Services unit of ...
Personal Property Premium Growth Outpacing Commercial: Finaccord Survey
The global property insurance market reached $360.5 billion in gross written premiums as of the end of 2014, according to a new Finaccord survey. And personal property premiums are outpacing ...
Surprise: Narcissists No More Likely To Be Risk Takers Than Others
Maybe narcissists aren't always such big risk-takers after all, a new study suggests. Many studies have found that narcissists often make volatile and risky decisions, possibly because they tend to ...
California Wildfire Insured Losses Surpass $1B: Impact Forecasting
With a month to go for the peak California wildfire season, insured losses already surpassed $1 billion in September - the costliest and most damaging for the U.S. in eight years, according to Impact ...
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...
RMS Buys Up Real-Time Hurricane Impact Data Startup
Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data. Neither side disclosed financial details. But RMS said the acquisition ...
Cyber Attacks Increase, but Boards and Businesses Are Fighting Back
A majority of businesses admit that they experienced at least one cyber attack in the last year; companies also increasingly see these risks as a major threat to their operations. Faced with these ...