Data & Research
Autonomous Vehicles Will Provide Significant Short-Term Gains for U.S. Auto Insurers
U.S. property/casualty insurance carriers could see significant short-term financial gains from insuring autonomous vehicles before likely long-term personal auto premium declines after the ...
Attract Employees by Offering Flexibility, Philanthropy: Survey
Beyond competitive compensation, companies looking to attract and retain employees also need to offer flexibility, development opportunities and a strong philanthropic mission, says a new survey of ...
Soft Global Reinsurance Pricing in Play Through Year’s End: Fitch
The soft pricing in the global reinsurance market will continue at least for the rest of the year, Fitch Ratings says. Fitch expects premium rates to continue declining as a result of large amounts ...
Celent Report: P/C Innovation Picking Up Steam But Not ‘Disruptive’ Yet
The people specifically charged with moving innovation forward at property/casualty insurance companies are more optimistic about reaching their goals and garnering organizational support for their ...
Experts Expect Simultaneous Cyber Attacks on Multiple Companies: AIG
Nine in 10 global cybersecurity and risk experts said they believed that cyber risk is systemic and that simultaneous attacks on multiple companies were likely in 2017, according to a study by ...
Bermuda Insurers, Reinsurers Hammered by Ogden Rate Change, More Natural Catastrophe Losses
A big change in the Ogden rate and higher natural catastrophe losses are dampening a wide range of Bermuda-based insurer and reinsurer results in the 2017 first quarter, Standard & Poor's said in ...
Cyber Insurance Was Profitable in 2016, Even With Higher Loss Ratios: Aon Benfield
Cyber insurance may be a fast-changing and relatively new market, but it was profitable in 2016 despite higher loss ratios, according to a new Aon Benfield report. The U.S. market combined ratio for ...
Catastrophes Drove Private U.S. P/C Insurers to $4.7B Net Underwriting Loss: ISO and PCI Report
Private U.S. property/casualty insurers lost big in 2016, with a $4.7 billion net underwriting loss driven, in part, by significantly higher catastrophe-related insured property losses, according to ...