Research
Climate Change Appears Likely to Cause Extreme Waves, Coastal Damage
Climate change is expected to cause stronger storm winds that trigger more extreme waves and increase coastal damage in Australia, the Pacific and South America by the end of the century, new ...
COVID-19 Accelerates D&O Transformation Already Underway
Rates for the struggling Directors and Officers insurance market jumped by 44 percent in the 2020 first quarter. Expect that market hardening trend to continue for some time, with increases likely to ...
Excluding Workers Comp, U.S. Commercial Insurance Saw Rapid Q1 Rate Hikes
U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson's pricing survey for the sector. Price increases ...
Global Warming Increasing Frequency of 100-Year Rainstorms: Risk Alerts
Global warming is intensifying rainstorms in North America. Rats are becoming more aggressive in their hunt for food due to pandemic lockdown measures.***
If the ...
What’s a Life Worth? U.S. Weighs Value, Costs of Social Distancing
We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can we go back to work? Can we go to a restaurant or bar? Can we go to the beach? Can ...
WCIRB Lowers Mid-Range Estimate of COVID Workers Comp Costs by $10B
The Workers' Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, ...
COVID-19 Will Make Reinsurers Lose More Money in 2020: S&P
Reinsurers globally will lose money in 2020, a reality Standard & Poor's said COVID-19-related losses stand to make worse. What's more, the level of red ink could worsen substantially depending ...
A.M. Best Says Stress Tests Show Most Insurers Can Handle Balance Sheet Pandemic Hit
Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good ...