Data & Research
2018 Was the Third Consecutive Year of U.S. P/C Net Underwriting Losses: A.M. Best
The U.S. property/casualty insurance industry booked an estimated $12.1 billion net underwriting loss in 2018, the third consecutive year it landed in the red, according to a new A.M. Best market ...
Cyber Risk Prevention a Factor in InsurTech Investments’ Continued Climb: Willis Towers Watson
There were 63 InsurTech investment deals worth nearly $1.6 billion in the 2018 fourth quarter, according to a new Willis Towers Watson report. That's a 24 percent jump in deal count compared to the ...
Word of Mouth Matters When Customers Buy Their Insurance: Facebook
For young and old property and auto insurance customers alike, word of mouth shapes their coverage purchases, according to a new Facebook survey. Where that word of mouth comes from can differ, ...
‘Sextortion’ Is Yet Another Emerging Cyber Risk for Businesses to Worry About: Beazley
A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers, ...
Insurers Remain Wary of Exchange-Traded Funds, Despite Rule Change
Many insurance companies are steering clear of exchange-traded funds even after a high profile rule change designed to make them easier to own. Almost 40 percent of insurers aren't using ETFs more ...
Small and Midsize Businesses at Higher Risk of Cyber Attack, Chubb Warns
Small and midsize businesses are much more likely to experience cyber attacks than large companies. In fact, 62 percent of all cyber crime targets are small and midsize businesses. It costs, on ...
2018 ILS Issuance Comes Close to Record, but Q4 Slowed Down: Swiss Re
Insurance-linked securities reached their second-highest issuance levels ever in 2018, though the fourth quarter ended with a whimper. Total issuance for the year reached $9.7 billion through 29 ...
Asia-Pacific Small Businesses Appear Over-Confident About Their Cyber Preparedness: Chubb
A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a new Chubb survey. Named "Too ...