Research
Managers Who Listen Attract Top Internal Talent: University Study
Managers who are open to employee input are more likely to attract workers from other units in their organizations, according to a new Cornell University study. In the paper, "How Managerial Openness ...
Median Exec Pay Grew 5% to $12.7M in 2020’s COVID-Ravaged Economy
As COVID-19 ravaged the world last year, CEOs' big pay packages seemed to be under as much threat as everything else. Fortunately for those CEOs, many had boards of directors willing to see the ...
IoT Data Can Help Insurers Cover Existing and New Risks Alike: Geneva Association
Data from Internet of Things-related (IoT) devices is a potential boon to insurers, giving them new options for covering existing and new risks alike, according to a new report published by The ...
COVID Took a Big Bite From Multiline Insurers’ Earnings But Profit Remained: S&P
The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit of $36 billion, according to a report published by S&P Global ...
U.S. P/C Insurance Customers Aren’t Too Happy With Digital Improvements: J.D. Power
Property/casualty insurers, particularly after a year of pandemic-related quarantines, are increasingly shifting to digital distribution channels. Customers aren't particularly happy with the ...
2020 Cyber Insurance Claims Spike Counteracted Premium Jump, Hurting Underwriting Results
Cyber insurance premiums are soaring, but a spike in claims led to a decline in 2020 underwriting performance, according to a new Fitch Ratings update. Standalone cyber insurance generated an ...
Swiss Re Warns Canada Is Unprepared for Climate Change-Spurred Hurricane Risks
Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada's homeowners, businesses and insurers underestimate that escalating risk, according to one ...
Companies Expose Clients to Harm by Not Modeling Longer-Term Risk Impacts: Marsh
Only 25 percent of companies are evaluating or modeling the longer-term impact of emerging risks on their business, leaving a cascading scenario that can also harm their customers, according to a new ...