Data & Research
Lloyd’s: Drone Industry Threatened by Cyber Attacks, Reckless Pilots and Privacy Breaches
Cyber attacks, reckless pilots and privacy breaches are fundamental threats to the drone industry's success, viability and risk management, according to a new Lloyd's report. Dubbed "Drones Take ...
Towers Watson: Top Talent + Analytics Will Help Advance Claims Operations
Large numbers of U.S. property/casualty insurers say they're struggling to attract and keep talented claims operations employees. They're also still figuring out how to best leverage analytics to do ...
Rising Sea Level Boosts Risk to U.S. Coastal Cities of Hurricane-Related Flood Damage
Rising sea levels in the coming years will create heightened risk of severe economic damage from hurricane-related flood in U.S. coastal cities, RMS asserted in a new report. The catastrophe modeling ...
Fitch Upgrades Rating for American Family Insurance
Wisconsin's American Family Insurance is the beneficiary of an upgrade from Fitch Ratings, thanks to such factors as strong capitalization and favorable reserves. Fitch said it upgrade the mutual ...
S&P: Cat Bond Market Set for More Double-Digit Growth
The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the increase in covered perils and the broadening of event definitions, according to a report ...
P/C Insurers Vary Widely in Catastrophe Claims Staff Compensation
Property/casualty insurers vary widely in their approach to compensating claims staff and managers as they respond to catastrophes, according to a new study from Verisk Analytics' Property Claims ...
Novarica: ‘Agile’ Methodology Is Transforming Insurance Industry IT Development
In the last seven years, the use of agile methodology across the insurance industry has gone from zero to 90 percent. The agile model, a newer software development approach, involves more ...
European Captive Insurers Using Solvency II Regs to Improve Themselves: A.M. Best
When Solvency II capital standards first became known, owners of captive insurers viewed the new regulations as burdensome and costly. But European captives and their owners view requirements as an ...