Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C insurers in a new world order.” Supply chain restructuring is expected …
The insurance industry still has a lot of work to do when it comes to diversity, equity and inclusion. In fact, despite a strong DEI push across the industry, there was little change in racial, ethnic and gender representation among …
Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C insurers in a new world order.” Supply chain restructuring is expected …
The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the updated 30-year average, according to experts from AIR Worldwide. …
The talent war is about to get fiercer thanks to “The Great Resignation.” Millions of U.S. workers have quit their jobs, and research shows that nearly half of employees are actively looking to make a change. Companies were already fighting …
“Hurricanes and COVID-19 are not a good mix,” says catastrophe modeling firm Karen Clark & Co., warning in a report that the pandemic will make what forecasters already predict to be an above-average hurricane season even more difficult. KCC highlighted, …
Privatization of the National Flood Insurance Program (NFIP) would present a huge growth opportunity to the property/casualty market, allowing insurers to tap into about $3.3 billion of yearly premiums. But the flood insurance market has a long way to go …
Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, “Tomorrow Never Knows,” highlights critical emerging risks facing the insurance …
