D&O Insurers Urged to Adjust Rates, Underwriting for Risky Environment March 4, 2020 Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus March 3, 2020 The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S....
Homes in Flood Plains May Be Overvalued by $34 Billion March 3, 2020 By Eric Roston At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research...
Re/Insurers to Feel Coronavirus Impact From Financial Market Volatility: Moody’s March 2, 2020 Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through...
Financial Services Firms Risk $1 Trillion in Losses from Climate Change: Report February 24, 2020 By Iain Withers The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate...
Examining the Higher Death Rate for Older Workers: Viewpoint February 21, 2020 By Justin Fox, Bloomberg Opinion U.S. workplaces have gotten a lot safer over the course of the past century. In 1913, the Bureau of Labor...
UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Storm Sabine (AKA Ciara) Cost Insurers $731M in Germany: GDV February 18, 2020 Storm Sabine caused insured losses of 675 million euros ($731 million) in Germany this month, the GDV Insurance Association said...
Deepwater Horizon Oil Spill in 2010 Was Bigger Than Satellite Images Showed February 14, 2020 Toxic and invisible oil spread well beyond the known satellite footprint of the 2010 Deepwater Horizon oil spill, according to...
Insured Losses for Europe’s Storm Ciara-Sabine Could Hit $2 Billion: Modeling Firms February 14, 2020 Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known...