Surveys
Auto Insurance Shopping Rebounds After COVID-19 Shutdown
Auto insurance shopping and new business growth rebounded in May and June after a drop in late March and early April due to COVID-19 shutdowns, civil unrest and other events. However, there was ...
COVID-19 Uncertainties Likely to Reverse H1 Global Insurance M&A Surge
Insurer mergers and acquisitions climbed higher in the first half of 2020 with a robust 201 completed deals worldwide, up from 197 in the second half of 2019, according to Clyde & Co's "Insurance ...
Cyber Attacks and Identity Fraud Continue to Rise: Munich Re’s HSB
Consumer-focused identity theft, cyber attacks and online fraud are continuing to rise or remain at robust levels, a new national survey by Munich Re's HSB has found. Nearly 16 percent of individuals ...
U.S. P/C Insurers Saw Record Q1 Surplus Drop, but Fundamentals Remained Solid: APCIA/Verisk
The U.S. property/casualty insurance industry saw its surplus drop by a record amount in the 2020 first quarter, thanks to stock market turmoil driven by the coronavirus pandemic's rapid arrival. But ...
InsurTech Financings Rebound in Q2; A Longer Recovery Remains in Question
InsurTech venture capital investments rebounded strongly in the second quarter after a pummeling earlier in the year due to growing pandemic-related uncertainty in the financial markets. Firms in the ...
Consumers Significantly Underestimate Their Flood Risk: Neptune Flood Insurance
Many consumers still significantly underestimate their flood risk, and nearly half have chosen to forego flood coverage because they believe it's unnecessary or too expensive, according to InsurTech ...
Remote Workforce Likely Here to Stay: Accenture
The insurance industry made a smooth transition to a largely remote workforce when the COVID-19 pandemic began, with most companies reporting either no change or even an increase in employee ...
H1 Global Natural Catastrophe Losses Reach Stinging Levels: Munich Re and Aon
Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re ...