Research
UK Storms Lead to Nearly $474M in Insurance Payouts: ABI
Insurers expect to pay more than $473.7 million to UK customers hit by the recent Storms Ciara and Dennis, according to initial estimates from the Association of British Insurers (ABI). Initial ABI ...
Businesses at Major Risk for Mobile Device Cyber Attacks; Few Take Precautions
Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren't taking steps to protect smartphones and tablets. That's one of the conclusions of a report on ...
D&O Coverage Challenges Are Increasing: A.M. Best
Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued rate hikes and narrower coverage guidelines will be necessary ...
Global Insurers, Reinsurers Face Coronavirus Outbreak Exposures: Moody’s
Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial ...
Dearly Departed InsurTechs: Expect Their Numbers to Rise
For every Lemonade and Root that launches with great fanfare, attracts hundreds of millions of dollars in venture funding and publicizes every facet of its growth, there are many InsurTechs that ...
Fossil-Fuel Production May Generate Much More Methane Than Scientists Thought
Fossil-fuel production may be responsible for much more atmospheric methane than scientists previously thought, according to new research published today in the journal Nature. The results, if they ...
Storm Ciara (AKA Sabine) Could Cause $2B in Insured Losses: RMS
Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS ...
Global Natural Disasters Caused Economic Damages Surpassing $3B in January: Aon
U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in economic damages during January, according to Aon's Global ...