Research
Defining Value Creation
Cash flow in excess of cost of capital was utilized as the primary metric to measure the amount of value generated by each of the 100 carriers analyzed in "The ACORD U.S. P&C Value Creation ...
Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best
Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an A.M. Best special report. Last ...
Cyber Coverage Profit Pressures Grow as Rate Hikes Struggle to Keep Pace: Fitch
Choosing to write cyber coverage is becoming increasingly costly for property/casualty insurance carriers and rate hikes may not be enough to make up the difference, according to a new Fitch Ratings ...
U.S. P/C Insurers Produced 2020 Underwriting Profit Despite COVID-19 Challenges
Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty insurers saw a statutory underwriting profit for the third consecutive year, with an ...
Wildfire Risk Plummets With 10 Feet of Defensible Space: Study
Wildfire risk across the western United States has become a challenging issue for the insurance industry. Heightened risk and extreme events are squeezing carriers and devastating consumers. As a ...
March U.S. Storms Caused More than $1B in Insured Losses: Aon
An onslaught of U.S. storms and flooding in March caused as much as $2 billion in economic damage. Public and private insurers were likely to see losses surpass $1 billion, Aon plc said in its ...
Tech Companies Increasingly Unhappy With Their D&O Cover: Marsh
Technology companies' satisfaction with D&O coverage has dropped sharply so far 2021, as pricing soared and insurers narrowed their terms and conditions, Marsh found in a new study. Approximately ...
Global Reinsurance Capital Rebounded in Face of Pandemic Challenges: A.M. Best
Global reinsurance capital rebounded to traditional levels at the end of 2020, despite profound challenges caused by the global coronavirus pandemic. Specifically, capital levels for global ...