Research
RMS Releases Cyber Modeling System Created With Industry Support
RMS is debuting its new cyber modeling system, entering a market that CEO Hemant Shah has said is a "pretty significant opportunity for the industry." What's more, the firm collaborated with a number ...
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Automation May Slash 25 Percent of Insurance Industry Jobs: McKinsey & Co.
Automation could leave up to 25 percent of the insurance industry's current full-time positions consolidated or replaced over the next decade, McKinsey & Company said in a new report. The ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Allianz: Business Interruption Remains Huge Risk; Cyber Gaining Fast
Business interruption is the top concern of risk managers heading into 2016 for the fourth year in a row, but cyber is a fast-growing corporate worry, according to a new report from Allianz Global ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...
What Investor Activism Means for Insurers—Those Under Attack and Those That Aren’t
Carl Icahn's demands for American International Group to split into three different companies may seem over the top to some. More importantly for the P/C market at large, however, is that the hedge ...
Auto Liability Will Buck Price Declines, and Other Marsh 2016 Predictions
Pricing may be plunging across much of the U.S. casualty market in 2016, but not for auto liability. Higher pricing and reduced capacity will likely hit automotive liability over the next year, ...