Research
Businesses Rank Cybersecurity as Top Worry in Risky Age: Marsh & McLennan CEO
Cybersecurity has emerged as the most pressing exposure for business confronting a new "age of risk," topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, ...
Flex Work Drives 20% More Women Applying For Senior Roles: Zurich
Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much as 20 percent, according to a study by Zurich Insurance. Between March ...
U.S. Insurers Made Slow Diversity Gains Over Last Decade: S&P Global
Diversity in the U.S. insurance industry has made only modest gains over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the ...
COVID-19 Driving Huge Claims Hike in U.S. Professional Liability Market: A.M. Best
The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM ...
Nearly 1 in 5 Car Crashes Caused by Phone Distractions: Study
Despite education programs and state laws, phone-based driving distraction is still on the rise—and is likely responsible for far more accidents than widely reported, says a new study from ...
Q3 Global Commercial Insurance Pricing Rockets 20 Percent Higher: Marsh
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh ...
Small Business Market Opportunity Seen Among High-Net-Worth Families
The small business sector is widely acknowledged to be an important part of the commercial insurance market. However, this business segment's relationship to the high-net-worth market for personal ...
Set Aside 150 Years for P/C Insurers to Pay COVID-19 Business Interruption Losses
The world's property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated $4.5 trillion global output loss inflicted by ...