Data & Research
Small Business Market Opportunity Seen Among High-Net-Worth Families
The small business sector is widely acknowledged to be an important part of the commercial insurance market. However, this business segment's relationship to the high-net-worth market for personal ...
Set Aside 150 Years for P/C Insurers to Pay COVID-19 Business Interruption Losses
The world's property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated $4.5 trillion global output loss inflicted by ...
Reinsurers’ Investment Strategies Help Them Tolerate COVID-19 Impact: S&P
A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more illiquid assets to generate additional return. The good news is that this ...
Insurers Make Major Strides in Beefing Up Customer Experience: IBM Survey
Insurers have made significant strides over the last decide in improving customer experience through new technology or other initiatives, a new IBM survey found. Approximately 85 percent of insurers ...
U.S. P/C Insurance Industry Net Income Plunges 26 Percent in H1
U.S. P/C insurance industry net income plunged 26 percent in the 2020 first half, as underwriting results and investment gains took a hit from COVID-19, catastrophes and other instabilities, ...
Lemonade Ranks Highest for Renters Insurance in J.D. Power Study
Lemonade took the No. 1 spot for the renters insurance segment in the J.D. Power 2020 U.S. Home Insurance Study, marking the first time an InsurTech brand has ranked highest in one of J.D. Power's ...
Half of Working Adults Worried About Losing Their Jobs
More than half of working adults are concerned about losing their jobs in the next 12 months. However, two-thirds of workers believe they can learn the skills needed for the jobs of the future ...
Auto Insurance Claims Satisfaction Soars as Pandemic Reduces Accident Frequency: J.D. Power
Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience and deliver higher higher quality claims service. According ...