Research and Trends News

Insurers Tracking Fitness: Too Accurate for Comfort?

Someday soon, Big Brother may be watching you. Only his name will be “John Hancock.” The insurer is rolling out a program in the U.S. similar to ones already deployed in other parts of the world, where your life insurer tracks …

ASEAN Open Market Will Benefit Region’s Insurance Industry: Best’s Report

While the planned year-end timeline for 10 Southeast Asia nations forging ahead under a single, open economic market appears to be slipping, the region’s insurance industry has reached common ground on the benefits of operating beneath such a model, according …

Willis Urges Energy Underwriters to Innovate to Survive

Willis Group Holdings is urging energy insurers to increase innovation and offer buyers a wider range of new products and services “as underwriters face mounting competitive pressure, record capacity levels and reduced premium income.” According to the global broker, the …

How to Improve Insurance Industry Ethics

Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry, according to a new survey of industry professionals. Punishing bad actors is one of the least effective strategies, the survey …

A.M. Best: Insurers Must Consider Risks of U.K. Exit From European Union

Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position within the European Union (EU), according to an A.M. Best briefing. One such …

Surprising Number of Cyber Attacks Aim to Destroy, Not Steal

Hacking attacks that destroy rather than steal data or that manipulate equipment are far more prevalent than widely believed, according to a survey of critical infrastructure organizations throughout North and South America. The poll by the Organization of American States, …

A.M. Best: European Reinsurers Report Strong Results, Growth Limited

Major European reinsurers have posted very strong full-year results for 2014 and continue to be well capitalized, with profitable underwriting results due to the absence of sizable natural catastrophes and ongoing reserve releases. Nevertheless, reinsurers face challenges as soft market …

Top 10, Bottom 10 Housing Markets in U.S.: Nationwide

The U.S. housing market is at its healthiest level since 2001, according to a new index from economists at insurer Nationwide who evaluated the housing market nationally and for 373 metropolitan areas. Housing markets in the vast majority of metropolitan statistical …

Exit Ramp Rollovers Kill Hundreds of Truckers a Year

It was almost midnight when Walter Price eased his 18-wheeler into the right lane on Interstate 75 near Atlanta. As he began to bank onto the exit ramp he’d been taking for the past 10 years, Price had no idea …

A.M. Best: Germanwings Crash May Put More Pressure on Aviation War Sector

A.M. Best said the total insurance loss of Germanwings Flight 4U9525, which crashed in the French Alps on March 24, 2015 killing 150 people, may put further pressure on the beleaguered aviation war sector. The total insurance loss for the …