Data & Research
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
$22B in H1 Insured Losses Stem Largely From U.S. Storms: Impact Forecasting
Insured losses for natural disaster totaled $22 billion during the first six months of 2017, with the cost stemming in large part from U.S.-focused, hail, heavy winds and tornadoes. Aon Benfield's ...
H1 Natural Disaster Claims Reached $19.5B, Plunging From Previous Year: Munich Re
Insurers paid out around $19.5 billion for natural disaster claims in the first half of 2017, almost 40 percent less than the year-earlier payout of $32 billion, reinsurer Munich Re said on Tuesday. ...
Sobering Milestone: Cyber Attack Damage Risks Now Rival Hurricanes
Cyber attacks have reached a point where they could rack up billions of dollars in economic and insured losses, rivaling damage created by hurricanes. This milestone means insurers must start ...
5.4M U.S. Homes at Risk From Sea-Level Rise: Report
Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be adversely impacted by climate change, according to a new report that takes data from U.S. ...
Social Inflation Is Back, Fueled by Lawyer Advertising and Other Factors: Assured Research Analysis
By the spring of this year, the financial press was filled with articles documenting the pause in numerical and medical inflation. But few outside the insurance industry are discussing—or maybe ...
Pending EU Rules Should Spur International Cyber Insurance Market Growth: A.M. Best
The European Union's looming General Data Protection Regulation (GDPR) will require mandatory notification of serious data breaches and potentially massive fines for failure to comply. That's the bad ...
Hiring Data Scientists Not Enough; Data Managers Needed for Value Creation: Research
While big data scientists are often perceived as the key to unlocking the potential value of big data, research conducted by the University of Kent in the UK indicates a different view. Dr. Maggie ...