Research
Widespread Reinsurance Price Hikes Unlikely Even After Record 2017 Catastrophe Losses: Willis Re
The estimated $136 billion in catastrophe loss estimates for 2017 is one for the record books. But resulting, widespread reinsurance price hikes in 2018 aren't likely, Willis Re said in a new report. ...
$136 Billion: Swiss Re’s Tally for Global Insured Catastrophe Losses in 2017
Global insured catastrophe losses reached $136 billion in 2017, more than double last year's number. Blame a large spike in extreme weather, according to Swiss Re's preliminary sigma estimates. Of ...
Q3 U.S. Commercial Insurance Prices Remain Flat Once Again: Willis Towers Watson
U.S. commercial insurance prices stayed virtually flat in the 2017 third quarter, the ninth straight quarter where this has happened, according to a new Willis Towers Watson survey. Prices averaged ...
2018 Prediction: U.S. P/C Industry Will Take Time to Recover From 2017 Catastrophes
Property/casualty insurers in the U.S. will rebound in 2018 from the late-2017 onslaught of hurricanes and wildfires, but it will take a while to return to "significant underwriting profits," Fitch ...
Global Warming Could Be Much Worse Than Expected: Study
World temperatures could rise 15 percent more than expected this century, obliging governments to make deeper cuts in greenhouse gas emissions to limit global warming, scientists said on Wednesday. ...
Insurance/Reinsurance Rate Hikes in 2018 Are Increasingly Likely: Morgan Stanley
Rate hikes are on the way for reinsurers and insurers, Morgan Stanley asserts in a new research note, echoing predictions of others in the wake of record catastrophe losses for 2017. Morgan Stanley ...
XL Catlin, Chubb Top J.D. Power Ranking of Large Commercial Insurers
XL Catlin ranks highest among large commercial insurers in terms of customer satisfaction, J.D. Power found in its latest study. The insurer and reinsurer scored 806 out of a possible 1,000-point ...
Spike in Drone Use Places Airlines, Business Jets at Risk: FAA Research
The millions of small civilian drones plying the nation's skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the U.S. Federal ...