Many UK Companies Report Difficulties with Post-Brexit Trade Arrangements: HSBC February 5, 2021 By Andy Bruce LONDON – Around 40% of British companies that import and export said the shift to a new trading arrangement with...
3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021 February 5, 2021 The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as...
Workers’ Compensation Underwriters Under the Gun to Understand Pandemic Data February 4, 2021 Workers’ compensation underwriters are about to be tested in the marketplace like never before. While the current situation is not...
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new...
Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh February 4, 2021 Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released...
Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic February 4, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts February 2, 2021 By Jonathan Tirone Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal...
Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals February 2, 2021 By Sarah Skidmore Sell Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses,...