Research and Trends News

The Unpleasantness of Selling and Buying Insurance

Do you have a minute to talk about your death? It isn’t easy to sell life insurance. Investing in a mutual fund, you feel like you’re saving money. Purchasing insurance, you feel like you’re spending it. “It’s not a pleasant …

Loan Data Discredits View That Millennials Do Not Want Cars

Millennials are less interested than older folks in owning their own cars, right? Maybe not, according to auto loan data showing young Americans are increasingly active in the car buying market. Despite the belief that millennials could become an increasingly …

Kids’ Car Seats, Ridesharing Popularity Prompt Focus on Back Seat Safety

Crash-test dummies, who have dutifully endured thousands of simulated accidents from the front seat, are about to get a ride in the back. Regulators are making the move as part of a new emphasis on the safety of back-seat passengers, …

Are Ridesharing Drivers Safer Than Average American Drivers?

Ridesharing drivers are safer drivers than the average American behind the wheel, according to research by Boston-based Aite Group. The researchers, using driving analytics data, conclude that average consumers are safer catching an Uber or a Lyft or entrusting their kids …

Swiss Re’s List of Emerging Risks Range from Blockchain Tech to Human Cyborgs

A fragmented Internet, continued experimentation with monetary policy and another round of economic crises in emerging markets top Swiss Re’s latest roundup of emerging risks to watch out for. Beyond those top three, the reinsurance giant covers everything from human-induced …

PBS/NPR Documentary Adds to Criticism of Private Insurers, FEMA Over Profits on Flood Insurance

Private insurance companies working for the government’s flood insurance program have made hundreds of millions of dollars at the same time that thousands of homeowners are claiming they have been underpaid for damage caused by Superstorm Sandy, according to a …

London Re/Insurance Market Faces Risk of Casualty Reserve Shortfall: PwC

There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC’s London re/insurance market review of reserve adequacy. PwC pointed to the fact that the strength …

Small Group of Bermudian Re/Insurers Drive Overall Q1 Premium Growth: S&P

At first glance, Bermudian re/insurance companies appeared to start the year with a bang, reporting a 21 percent increase in consolidated gross premiums written (GPW), according to a new report published by Standard & Poor’s. However, that picture is slightly …

Auto Insurance Customers Disappointed in Their Insurers’ Websites: J.D. Power

While overall customers are more satisfied with their experience shopping online for auto insurance, they are less thrilled with the websites of individual insurance companies, with only slightly more half saying they “definitely will” return to the site for their …

Fitch Expecting P/C Commercial Insurance Business to Deteriorate

Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would come on the heels of three straight years …