Data & Research
Higher Catastrophe Losses Will Dampen Q3 Earnings: KBW Analysis
Higher catastrophe losses should help push Q3 2021 earnings per share below consensus for carriers, but rate increases should help boost reinsurer results, according to KBW analyst Meyer Shields. ...
Cyber Attack Financial Losses Driven by Business Interruption, Recovery Costs: AGCS Report
During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published by Allianz Global Corporate & Specialty (AGCS). Further, ...
Reinsurer Natural Catastrophe Losses Will Surpass Budget Expectations for the 5th Consecutive Year
For the fifth year in a row, insured losses from natural catastrophes are shaping up to be at or above reinsurers' budget expectations. But the sector can handle the pressure due to "very strong ...
The P/C Insurance Market’s Top Market Conduct Issues
The U.S. insurance industry's top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as ...
Hidden Cyber Risk for U.S. Property Insurance Could Trigger $12.5B in Losses
Hidden cyber risk in the U.S. property insurance market could trigger $12.5 billion in losses, according to a new industry report. What's more, this 1-in-100-year loss could harm AM Best's Capital ...
J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)
Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to ...
People With Disabilities Don’t Have Remote Work Option
Working from home could revolutionize job opportunities for people with mobility impairments, chronic medical conditions and other disabilities, but a towering obstacle still stands in the way more ...
Report Shows Wyoming, Idaho Have ‘Disproportionate Risk’ from Wildfire
Lately, when people say "wildfire," California is probably the first state that comes to mind. But a new report should concern people living in a few other Western states that aren't often mentioned ...