Data & Research
Commercial Property Insurance Rate Hikes Easing From Early Spikes: Willis Towers Watson
Commercial property insurance rate increases are easing off initial spikes following 2017's record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on ...
Global Natural Catastrophe Insured Losses Hit Record $144B in 2017: Swiss Re
Global insured losses from natural catastrophes were $144 billion in 2017—the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute. The biggest ...
March U.S. Storms Produced $3B in Economic Losses, Plenty of Business Interruption Problems
The U.S. dealt with $3 billion in economic losses during March, thanks to a number of winter storms that caused multistate damage, travel delays and business interruption problems, according to Aon ...
Cat Bond Issuance Goes Largely Global in Q1:PCS/Verisk
Catastrophe bond issuance for the 2018 first quarter soared to a new record, landing much higher than the previous year. The transactions have also gone largely international, according to a new ...
Predictive Analytics Help Commercial Lines Insurers Boost Profit, Reduce Underwriting Volatility: A.M. Best
The increasing use of predictive analytics among commercial lines insurers has helped improve their bottom lines and led to more balanced underwriting cycles, A.M. Best concluded in a new special ...
Travelers Survey Provides New Insights Into Distracted Driving Behavior
Most drivers who respond to personal texts, emails and calls while driving said they do so because they are afraid of an emergency or missing out on something important, according to a new survey ...
Data Breach Notification Gaps Remain Despite Improved Alerts: Munich Re’s Hartford Steam Boiler
Carriers face ongoing challenges in developing effective strategies to insure against data breaches. A new consumer survey from Munich Re's Hartford Steam Boiler underscores the work left to be done ...
For Many Carriers, IoT Remains an Untapped Data-Gathering Tool
Most insurance carriers lack a strategy to capitalize on data generated by the Internet of Things (IoT), even as they realize the importance of having one. Making matters worse, a majority lack ...