Data & Research
Hurricane Season 2013 Unusual, Says RMS; Humberto Expected to Miss U.S.
This is the first season in 11 years not to have produced a landfalling hurricane by August, RMS said on Monday morning in a hurricane fact sheet released to the media. The statement noted that there ...
Global Insurance M&A Activity at Four-Year Low: Clyde & Co.
Global merger and acquisition activity among insurers dropped 29 percent in the year through June as falling pricing and lower investment returns tempered demand, according to law firm Clyde & ...
Dishonest Deeds Lead to ‘Cheater’s High’ as Long as No One Gets Hurt
People who get away with cheating when they believe no one is hurt by their dishonesty are more likely to feel upbeat than remorseful afterward, according to new research published by the American ...
Report: Tsunami Would Swamp California’s Economy
If a monster earthquake struck off Alaska's coast, tsunami waves would rush toward California, crippling the nation's busiest port complex and flooding coastal communities, a report released ...
U.S. Reinsurance Sector’s Profit Jumps 32% to $4.8B for 2013 First Half
The Reinsurance Association of America (RAA)'s latest survey shows a group of 18 U.S. property/casualty reinsurers posted $4.8 billion net income in aggregate for the first six months of 2013—an ...
Reinsurers Could Face Pressure to Lower Rates Amid Capital Oversupply
Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, ...
Workaholics Don’t Let Up Even Though They Understand Health Risks
Working overtime may cost you your health, according to a Kansas State University doctoral researcher. Sarah Asebedo, doctoral student in personal financial planning and conflict resolution, Edina, ...
P/C Loss Reserve Cycles Are Real: AM Best Analysis
The idea that carriers release loss reserves when property/casualty insurance markets soften and strengthen them in hard markets is more than a theory, according to a new analysis by rating agency ...