Research
Only 42 Percent of H1 Global Economic Losses Were Covered by Insurance: Swiss Re
Natural catastrophes and man-made disasters in the first half of 2019 were responsible for $44 billion of economic losses globally, according to Swiss Re Institute's preliminary sigma estimates. This ...
Ridehailing Services Drive Up Traffic Deaths: University Research
While the era of app-based ridehailing services, such as Uber and Lyft, has been credited with keeping more impaired drivers off the road, increasing job opportunities and offering new levels of ...
InsurTech Investment Remained High in a Robust Q2: Willis Towers Watson
InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, ...
Executives See the Pace of Change as a Significant Emerging Risk: Gartner
Executive in multiple industries are anxious about keeping up with change, even as they struggle to take significant action to address this concern. In fact, they rank keeping up with the pace of ...
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
Insurers Will Drastically Boost Spending on Robotic Process Automation: Study
Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...
U.S. Workers Comp On Track for a Fifth Consecutive Year of Underwriting Profits: Fitch
The U.S. workers compensation insurance market is likely to post a fifth consecutive year of underwriting profits in 2019 after stellar results in 2018, Fitch Ratings is predicting in a new report. ...
European Storms Took Economic, Insurance Toll in June: Aon
Severe European storms during June had an economic price tag of $2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon's monthly Global Catastrophe ...