Study Shows COVID-19 Patients at Greater Risk of Mental Health Problems November 9, 2020 By Kate Kelland Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a...
P/C Insurers Face Workforce, Risk, Policy Challenges as Pandemic Continues November 9, 2020 Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face...
Q3 Global Commercial Insurance Pricing Rockets 20% Higher: Marsh November 6, 2020 Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes...
It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses October 30, 2020 By L.S. Howard The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the...
Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P October 30, 2020 By L.S. Howard A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more...
AI-Based Risk Score Predicts Prognosis of Outpatients with COVID-19 October 28, 2020 A new artificial intelligence-based score considers multiple factors to predict the prognosis of individual patients with COVID-19 seen at urgent...
Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap October 28, 2020 Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began,...
Pandemic Having LittIe Effect on Insurance Agency M&A Activity: OPTIS Partners October 27, 2020 There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the...
Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch October 27, 2020 Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in...
Remote Workforce to Double in 2021 Due to Improved Productivity: CIO Survey October 26, 2020 By Gertrude Chavez-Dreyfuss The percentage of workers around the world that is permanently working from home is expected to double in 2021 as...