Research
For Personal Auto, an H1 Pandemic Slowdown Boosted Short-Term Profits
As bad as the coronavirus pandemic has been for many insurance lines, personal automobile profits have soared thanks to reduced driving, as quarantines and shelter-at-home restrictions took hold ...
Global Insured Catastrophe Losses Jump to $31B in H1: Swiss Re
Global insured property losses from disasters were $31 billion in the first half of 2020, up from $23 billion during the same period last year, according to Swiss Re Institute's preliminary sigma ...
Companies Risk Substantial Loss of Annual Profit Due to Supply Chain Shocks
Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber attacks, pandemics and climate change, according to McKinsey & Co., which estimates ...
COVIDigation Nation: Why So Many Cases? Are More Coming?
Let's get a few things out of the way. First, I am not a data scientist or an actuary. I am an attorney interested in data. More specifically, I am interested in using data from disparate sources to ...
Cyber Attacks and Identity Fraud Continue to Rise: Munich Re’s HSB
Consumer-focused identity theft, cyber attacks and online fraud are continuing to rise or remain at robust levels, a new national survey by Munich Re's HSB has found. Nearly 16 percent of individuals ...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon
Usage of insurance linked securities the first six months of 2020 is already 20 percent higher than all of 2019, underscoring the sector's momentum and resilience even with the coronavirus pandemic, ...
U.S. P/C Insurers Saw Record Q1 Surplus Drop, but Fundamentals Remained Solid: APCIA/Verisk
The U.S. property/casualty insurance industry saw its surplus drop by a record amount in the 2020 first quarter, thanks to stock market turmoil driven by the coronavirus pandemic's rapid arrival. But ...
H1 Global Natural Catastrophe Losses Reach Stinging Levels: Munich Re and Aon
Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re ...