Research and Trends News

Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report

The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …

Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global

Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at more than 80 independent insurance brokers. The survey …

What Keeps D&Os Awake at Night? Coverage Concerns Rise Up the List

There are lots of emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. “The worry of whether or not a D&O …

UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums

Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314* motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving. The avoidance …

Research Shows Dangers of Using Hands-Free Cell Phones While Driving

Driving while talking on a hands-free phone can be as distracting as talking on a hand-held mobile, according to researchers at the University of Sussex in England. “A popular misconception is that using a mobile phone while driving is safe …

Caution: Millions of U.S. Drivers Are Angry, Aggressive or Enraged!

Nearly 80 percent of drivers expressed significant anger, aggression or road rage behind the wheel at least once in the past year, according to a new study by the AAA Foundation for Traffic Safety. The most alarming findings suggest that …

Insurers Expect Lower Returns in Face of Low Interest Rates, Heightened Competition

Approximately three-fourths of insurers surveyed have lowered their target return-on-equity expectations to 10 percent or lower, a reflection of highly competitive market conditions remaining and the slow-growth economy, according to a new A.M. Best survey. According to the A.M. Best …

Bermuda Insurance Industry Expected to Grow by 10.3% Annually Until 2019

The Bermuda insurance industry is projected to grow at a steady pace as a result of new regulations and consistent growth in external business, such as offshore and captive, according to a new report published by London-based business intelligence company …

Climate Change Exposes U.S. Infrastructure to Natural Hazards, Rand Corp. Says

Editor’s note: This is the first of a two-part column. A follow up column will focus on how catastrophe modelers are being asked to create products that take into account potential climate change impacts. A report out this week from …

Insurance Safety Institute Says Small SUVs Flunk Headlight Tests

Small SUVs for 2016 and 2017 did poorly during new headlight tests done by the insurance industry. The Insurance Institute for Highway Safety said Tuesday that none of the 21 SUVs tested earned its highest ranking. The Ford Escape, Honda …