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Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk

May 22 2025 // Cyber insurers are offering tools that could significantly reduce your identity risk—but most organizations aren’t using them. One of the most significant advancements in the sector is the increased emphasis on...

Global Forest Loss Tops Record as Wildfires Drive Destruction

May 21 2025 // Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the...

Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils

May 19 2025 // Global insured losses from natural catastrophes hit $137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this trend continues, global...

Swiss Re Profits Up Despite Losses from California Wildfires

May 16 2025 // Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier,...

Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss

May 14 2025 // The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5...

German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims

May 13 2025 // Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires...

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