January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Commercial Airplane Crash Deaths Drop by More than 50% in 2019: Aviation Consultant January 2, 2020 By David Shepardson The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile...
Program Underwriters Seek ‘New, New’ Spaces While Administrators Embrace Insurtech December 31, 2019 By Amy O'Connor Fueled by efficiencies introduced by insurtechs and underwriters’ interest in niche classes, the insurance program business has experienced impressive growth...
Germany Aims to Thwart African Swine Fever Edging Closer to Borders December 31, 2019 By Megan Durisin German hunting dogs are being trained to sniff out dead wild boar, authorities are stockpiling electric fences along the eastern...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$798M: PERILS December 27, 2019 The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018...
$584B at Risk From Cat Events in 2020: University of Cambridge Study December 27, 2019 Providing an annual update of its study of the impact of catastrophic events on global GDP, researchers from the University...
Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best December 24, 2019 Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and...
Insured Losses in 2019 Estimated at $56B, Down from $93B Last Year: Swiss Re December 20, 2019 Global insured losses in 2019 dropped to an estimated US$56 billion, from US$93 billion in 2018 and below the annual...
UK Financial Services Sector Remains Resilient Ahead of Brexit: Research December 18, 2019 Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union...
Autonomous Cars Could Worsen Gridlock. Smart Intersections Could Help. December 17, 2019 In the not-so-distant future, city streets could be flooded with autonomous vehicles. Self-driving cars can move faster and travel closer...