From Wildfires to Sally to China Floods, September Was a Disastrous Month October 9, 2020 Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap...
UK Financial Services Firms Become More Optimistic, Says Business Survey October 9, 2020 Financial services firms in Britain turned more optimistic for the first time this year as a drop in business bottomed...
Nigerian Insurance Market Faces Challenges to Realize Its Potential: AM Best October 9, 2020 Nigeria’s insurance market has great potential given its position as Africa’s largest economy, its substantial oil and gas reserves and...
Firms’ Employee Benefit Offerings Reflect Pandemic-Reshuffled Priorities October 9, 2020 By Chris Taylor During the past year, there is a good chance that you and your priorities changed significantly. The things you used...
Top 10 Reasons P/C Insurers Run Afoul of Regulators’ Market Conduct Exams October 8, 2020 By Jim Sams Claims errors continue to be the most frequent reason that property/casualty insurers are cited by regulators when responding to market...
London Company Market Grew 10% in 2019 October 8, 2020 Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale...
How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More October 7, 2020 The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims...
House Antitrust Panel Blasts Big 4 Internet Firms for Abuses; Seeks Reforms, Separations October 7, 2020 By Nandita Bose and Diane Bartz A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used...
California Workers’ Comp Premium for First Two Quarters of 2020 Down 11% October 5, 2020 Written workers’ compensation premium in California for the first two quarters of 2020 was 11% below that for the first...
Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs October 5, 2020 Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty, according...