Research
Earthquakes, Storms Make H1 Insured Losses Soar: Munich Re
Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the $59 billion reported for the first half of last year, according to a ...
Insurers, Banks, Pension Funds Must Address Climate Change Risks: Report
The world's insurers, banks and pension funds are "inherently susceptible" to threats from climate change and must make adjustments, from shifting investment toward environmentally friendly ...
A.M. Best’s ‘A-‘ Rating Not as Good as It Seems: Fitch Analysis
Fitch Ratings warned Tuesday that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand differences in the rating scales—differences that separate A.M. Best ...
Do Coconuts Hold the Key to Earthquake Resilience?
Reports surfaced from several media outlets last week suggesting that the special structure of coconut walls could help unlock the key to building property that can withstand earthquakes and other ...
Insurance Matters for Police Reform: University Researcher
Liability insurance may be a "neglected backdoor route to police reform," according to a researcher from the University of Chicago. John Rappaport, an assistant professor at the University of Chicago ...
JLT Specialty USA, Stanford Team Up on Cyber Breach Data Effort
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc., is partnering with academics at Stanford University, to build a comprehensive cyber breach data set, JLT announced late last ...
‘Significant’ Workers Comp Underwriting Profit Might Not Repeat: Fitch
The U.S. workers compensation insurance market achieved a "significant" underwriting profit in 2015, but trends call into question whether such a result can be repeated, Fitch Ratings concluded in a ...
P/C Q1 Hurt by Catastrophe Losses, Lower Investment Gains: A.M. Best
It is clear now: the jump in catastrophe losses during the 2016 first quarter along with lower investment gains hurt U.S. property casualty insurers' bottom lines. While the P/C industry posted a ...