Data & Research
Long-Term Stability of Reinsurance Market Questioned
The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading ...
Majority of Consumers Satisfied With Auto Insurance, But Many Still Shopping for Price: IRC Survey
The majority of insured drivers are satisfied with their current auto insurance company, according to a recent public opinion survey, but many are still shopping for a better price. The survey by the ...
Towers Watson Survey Reveals 2% Price Increase for Commercial Lines
Commercial insurance prices increased by 2 percent in aggregate during the first quarter of 2015, continuing the trend of moderating price increases that began in first-quarter 2013, according to ...
Willis: IT Costs Trump Cyber Concerns For Financial Services Firms
Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to ...
Standard & Poor’s: U.S. Insurers Responding Cautiously to Soaring Cyber Coverage Demand
Standard & Poor's predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the ...
Swiss Re Begins Singapore-Based Big Data Risk Reduction Initiative
Swiss Re will collaborate with four schools within the National University of Singapore on risk-reduction projects involving big data, business analytics and information technologies. Plans call for ...
RIMS: Enterprise Risk Management Does Indeed Help Spot Cyber Risks
A whopping 77 percent of risk management professionals credit enterprise risk management with helping them spot cyber risks at their companies. That is one of the major findings from the Risk and ...
Insurers Collaborate to Help Underserved Markets
In January, industry heavyweights from the property/casualty insurance underwriting and brokerage world announced a plan to improve risk protection for underserved markets in developing countries by ...