Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook...
inflation News
US auto insurers are coping with the largest direct loss ratio in 20 years because of factors that include historic...
If Hurricane Ian would have made landfall in Florida, say, six months ago, the costs of reconstruction could have been...
Lyft Inc. is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs,...
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters...
European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain...
Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs...
The majority of US pandemic-era inflation came from a surge in demand, but supply-chain constraints stoked it further, Federal Reserve...