Data & Research
Data-Centric Products and Services on the Rise: Study
While the majority of insurers (71 percent) have portfolios that contain data-centric products and services, many are still uncertain when it comes to what data is essential to own, what data is ...
Tech Companies Increasingly Unhappy With Their D&O Cover: Marsh
Technology companies' satisfaction with D&O coverage has dropped sharply so far 2021, as pricing soared and insurers narrowed their terms and conditions, Marsh found in a new study. Approximately ...
$6B-$10B Per Week in Lost Trade Possible Due to Suez Canal Blockage: Allianz
The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday. The study by Europe's biggest insurer also ...
Global Reinsurance Capital Rebounded in Face of Pandemic Challenges: A.M. Best
Global reinsurance capital rebounded to traditional levels at the end of 2020, despite profound challenges caused by the global coronavirus pandemic. Specifically, capital levels for global ...
Global Warming Could Slash the Credit Ratings of 63 Countries: Study
A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody's and Fitch - could see their credit ...
Most Customers Are Digitally Transmitting Photos or Videos When Filing Property Claims: J.D. Power
More than two-thirds of insurance customers are now digitally transmitting photos or videos when filing property claims, decreasing claim cycle times and helping drive the highest overall ...
February Polar Vortex Led to Record U.S. Winter Weather Economic Losses: Aon
Blame the Polar Vortex and the resulting drastic U.S. winter weather for generating record direct economic losses and more carrier headaches. Direct economic losses from those Polar Vortex-driven ...
The U.S. P/C Industry Boosted Profits in 2020 Despite COVID-19: A.M. Best
Despite the COVID-19 pandemic, the U.S. property/casualtyindustry improved its overall profitability in 2020, with a 68 percent increase in net underwriting income and combined ratio that improved ...