Surveys
More Insurer CFOs See Big Data as Helping Them With Growth Goals
Nearly 70 percent of insurer CFOs see pursuit of new growth, market expansion or an M&A deal as a significant priority, making it their top business driver, according to a 2016 EY survey of ...
Low Corporate Adoption of Cybersecurity in Risk Management Strategies Can’t Continue: Swiss Re
Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cybersecurity into their mainstream risk management programs – a situation that is ...
Willis Towers Watson’s New Cyber Risk Assessment Tool: An Employee Survey
While many businesses rely on technology to assess their cyber risks, Willis Towers Watson believes an employee survey could help make the task more successful. The consulting firm and broker is ...
Reserve Strengthening Likely for UK Insurers After Personal Injury Discount Rate Cut
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government's announcement of a dramatic cut to the discount rate used to calculate lump-sum personal ...
Gaps Permeate Within Small Business Disaster Recovery Plans: Nationwide
Carriers targeting the small-business insurance market have their risk management jobs cut out for them in a key area: Many clients don't have a written disaster recovery plan in place despite a need ...
Insurance CEOs Worry More About Disrupters Than Execs in Other Industries: PwC
Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual "PwC Global CEO ...
Willis Re Tallies $39.5B in Natural Catastrophe Insured Losses for 2016
Insured loss estimates from major natural catastrophes totaled $39.5 billion during 2016, which is the highest level since 2012 when market losses totaled $60 billion, according to a report published ...
A Large Swath of Businesses Remain Ill-Prepared for Cyber Attacks: Hiscox
A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber attacks. Fewer than one-third ...