Data & Research
The U.S. Struck Hardest by 2020 Global Insured Cat Losses: Aon
As bad as 2020 was, global insured catastrophe losses came in at relatively normal levels. The U.S. stands as a notable exception, however, with a large surge in hurricanes, wildfires, and other ...
Jan 1. Renewals Produced Super-Sharp Commercial Insurance Rate Hikes
Lower investment yields, adverse catastrophe loss development, higher loss cost trends, concerns over climate change, and, of course, the pandemic coalesced to bring some of the sharpest price ...
Insurance M&A Rebounds, With Trend Continuing Into 2021: PwC
Insurance M&A deals rebounded from COVID-19 challenges in the second half of 2020. The trend should continue well into 2021 as companies unload non-core assets and purse cost-effective ...
2020 Is Among the Insurance Industry’s Most Costly Years: Swiss Re
Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to $83 billion in 2020, making it the fifth-costliest year for the industry since 1970, according ...
Small Commercial Customers Largely Unaware of Insurer Pandemic Protection Efforts: J.D. Power
If commercial insurance providers are pursuing pandemic-fueled efforts to help their small business customers, many are largely unaware of their efforts, J.D. Power determined as part of a new ...
U.S. General Liability Insurance Assigned A.M. Best Negative Outlook
The U.S. commercial general liability insurance segment gets a negative outlook from A.M. Best, due to concern about social inflation, third-party litigation financing and other factors leading to ...
Eta and Iota Hurt, Causing $9B in Economic Losses: Aon
North American hurricane landfalls in November added about $9 billion to the total Atlantic seasonal financial toll in terms of catastrophe losses, Aon said in its latest Global Catastrophe Recap ...
‘Difficult Conditions’ Ahead for D&O Clients in 2021: Marsh
Buyers of directors and officers liability coverage are expected to face "difficult conditions" in the U.S. well into 2021, Marsh has concluded in a new report evaluating the sector. That means ...