Surveys
Asia Expansion Helped Push Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re
Carriers' expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018, Swiss Re said in its latest sigma report. That growth came generally from ...
U.S. P/C Net Income Soared by Nearly 70 Percent in 2018, as Cat Losses Dropped
The U.S. property/casualty industry saw its net income grow in 2018 by nearly 70 percent from the previous year, thanks to lower catastrophe losses, favorable development of prior years' loss ...
Insurers Eager for Business Ecosystems but Not Yet Well Equipped to Participate: Accenture
You may have heard "ecosystems" referred to in a business context, where a number of companies from different industries partner to create an interconnected set of services that give the customer a ...
U.S. Auto Insurance Customers Grow Happier With Direct-to-Consumer Models: J.D. Power
U.S. auto insurance consumers are quite happy about their coverage, and a growing shift to direct-to-consumer models has driven much of their good feelings, J.D. Power said in a new report. Overall ...
U.S. Cyber Premiums Slowed to 10 Percent Increase in 2018: Aon
U.S. cyber insurance premiums grew 10 percent in 2018 and 14 additional players began offering coverage in the sector, Aon reported in its latest study of the sector. Aon found that 184 U.S. insurers ...
U.S. Commercial Prices Rose Just Above 2 Percent in Q1: Willis Towers Watson
Carriers reported that U.S. commercial insurance prices grew just above 2 percent on average during the 2019 first quarter, according to Willis Towers Watson's latest CLIPS survey. Willis Towers ...
New York Reclaims Title as World’s Top Financial Center from London; Hong Kong Gaining
New York once again has bragging rights as the world's leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. ...
Global Commercial Insurance Prices Continue Trending Higher: Marsh
Average global commercial insurance prices grew by 3 percent in the first three months of 2019, representing the sixth consecutive quarter of price increases for the overall sector, Marsh said in its ...