Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO July 18, 2025 By L.S. Howard Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing...
How Hot Can It Get? Scientists Are Struggling to Find an Answer July 17, 2025 By Eric Roston How hot can a heat wave really get? Before June 2021, scientists thought they knew. That’s when one of the...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion with more than 90% of...
Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization July 16, 2025 By Jamie Tucker Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of...
Insured Losses From US Hurricanes Could Rise by 50% With Global Warming July 15, 2025 Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS...
AI Is Already Showing Signs of Slashing UK Job Openings July 15, 2025 By Irina Anghel UK businesses are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence,...
UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows July 14, 2025 By Tom Rees Hiring by UK businesses plunged at the fastest pace in nearly two years, according to a survey that suggested that...
Extreme Heat Is Killing European Workers Despite Government Efforts July 11, 2025 By Laura Millan Montse Aguilar was a healthy 51-year-old woman when she started her shift cleaning streets in Barcelona at around 2:30 p.m....
Extreme Weather Could Cause 5% Drop in Euro Zone GDP, Bank Watchdogs Find July 10, 2025 By Virginia Furness Extreme weather events such as heatwaves, flooding and wildfires could wipe as much off euro zone GDP in the next...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re July 9, 2025 By L.S. Howard Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating...