Research
Investing in Climate Resilience Really Pays Off: Study
Weather-related catastrophes are increasing in frequency and intensity, and billion-dollar disasters are becoming the norm. The U.S. averages about 10 disasters costing ...
Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P GMI
In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis ...
GEICO Tops Progressive With Higher J.D. Power Scores
Although Berkshire Hathaway's Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire's ...
U.S. E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings
An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3 percent recorded in 2021. In ...
Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry
The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with health care replacing IT as the most exposed sector in the ...
Study Reveals Hiring Bias Against Former Business Owners
Nearly 50 percent of new businesses fail within the first five years. Many former entrepreneurs apply for 9-to-5 jobs to get back on their feet, but new research reveals an unexpected obstacle: ...
Cyber Insurance Seeing Influx of Newcomers as Risk Awareness Grows
Arctic Wolf and Cyber Risk Alliance's 2023 Cyber Insurance Outlook Report found that while more than 70 percent of organizations surveyed in the report have a cyber insurance policy, nearly half of ...
EY: Policyholder Trust Important for Navigating Industry Changes
The insurance industry is facing multiple disrupting factors, such as technological advancements, new competition, inflation, and regulatory scrutiny, and a key component in navigating all of this ...