Data & Research
Consumers Significantly Underestimate Their Flood Risk: Neptune Flood Insurance
Many consumers still significantly underestimate their flood risk, and nearly half have chosen to forego flood coverage because they believe it's unnecessary or too expensive, according to InsurTech ...
Remote Workforce Likely Here to Stay: Accenture
The insurance industry made a smooth transition to a largely remote workforce when the COVID-19 pandemic began, with most companies reporting either no change or even an increase in employee ...
H1 Global Natural Catastrophe Losses Reach Stinging Levels: Munich Re and Aon
Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re ...
Bonus Payments for Insurer CEOs Up 5 Percent in 2019: Study
Bonus payouts for insurance company chief executive officers continued to be above target and commensurate with good financial results and strong total shareholder return in 2019, according to a new ...
U.S. Personal Lines Insurers Poised for 2020 Underwriting Profit Despite Pandemic: Fitch
It turns out that the coronavirus pandemic hasn't adversely affected U.S. personal lines insurance all that much. In the short term, the sector has continued to do well and is poised to produce ...
COVID-19 Could Threaten Shipping Safety Even as Losses Are at Record Lows: Allianz
Large shipping losses dropped by 20 percent last year, in a continuation of decade-long trend when losses declined by almost 70 percent, according to a report published by Allianz Global Corporate ...
Americans Ignore Work-From-Home Cyber Attack Risks: Chubb Survey
A large number of Americans working from home due to the coronavirus pandemic aren't worried about cyber attacks even though they're at greater risk compared to working in the office, Chubb found in ...
Insurer Capital Strength Could Suffer With COVID-19 Second Wave: S&P
Insurers largely withstood the first wave of COVID-19 thanks to their capital strength. They may not be so lucky when a second wave comes, S&P Global Ratings said in a new report. "A second wave ...