Surveys
Worst-Case P/C Coronavirus Losses in Key Lines Could Hit $80B: Willis Towers Watson
Key property/casualty insurance lines could face COVID-19 insured losses reaching a combined $80 billion in a worst-case scenario modeled by Willis Towers Watson as part of a new report. U.S. and ...
U.S. Small Businesses See Big Increase in Phishing Emails: Munich Re/HSB Survey
U.S. small businesses have experienced a worsening cyber vulnerability over the last year: Suspicious emails seeking money. Nearly 60 percent of business executives polled in a new survey from Munich ...
Auto Insurance Customers Shop for Better Deals Even With Pandemic Rate Givebacks
The legions of temporary auto insurance discounts and premium givebacks issued recently to help customers deal with pandemic financial fallout fell short in ensuring customer loyalty, J.D. Power ...
AIR Worldwide Projects at Least 200,000 COVID-19 Cases Through Rest of March
AIR Worldwide, the Boston-based catastrophe risk modeling firm, projected the number of severe cases of COVID-19 could range between 200,000 and 900,000 globally, with deaths ranging from 10,000 to ...
U.S. Commercial Insurance Prices in Q4 Continued Their Accelerated Rise: Willis Towers Watson
U.S. commercial insurance prices continued rising at an accelerated pace in the 2019 fourth quarter, with the aggregate price change exceeding 6 percent, according to a new Willis Towers Watson ...
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 ...
Most Insurers Plan to Add Employees or Maintain Current Staffing: Jacobson/Aon Study
Most insurance companies plan to either maintain current staffing or add new employees over the next 12 months, The Jacobson Group and Aon plc have found. At the same time, their new Semi-Annual U.S. ...
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 ...