Reinsurers ‘Smoothly’ Navigated April Renewals, Despite Working from Home: Willis Re April 1, 2020 By L.S. Howard Reinsurers were able to complete the April renewals smoothly, despite being forced to move to the new working-from-home model after...
Coronavirus Pandemic Reveals the Science of Risk That Shapes Our Lives March 31, 2020 By Akshat Rathi Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald...
Insurance Claims for February’s Australian ‘East Coast Low’ Estimated at A$794M March 31, 2020 Initial insured property claims estimate for the Australian east coast low event, which hit the Australian east coast states of...
Global M&A Plunges 28% in Q1 as Coronavirus Hits Economies March 31, 2020 By Pamela Barbaglia and Greg Roumeliotis Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating...
Insurance Agency Employees Making More Money But Not as Happy March 30, 2020 By Andrea Wells Insurance agency personnel on average made a little more money in 2019 but they were not as happy as they...
The Longer Coronavirus Crisis Lasts, the More Uncertain Is P/C Insurance Outlook March 30, 2020 North American property/casualty insurers reported improved 2019 operating performance, but near-term performance will likely be more challenging with the onset...
Insured Losses from Europe’s Storm Victoria (aka Dennis) Estimated at €286M: PERILS March 30, 2020 The initial insured property loss estimate for Europe’s extratropical cyclone “Victoria,” also known as “Dennis,” is an estimated €286 million...
From Free Coverage to Medical Masks. P/C Insurers Deliver Some Good News. March 30, 2020 By Andrew G. Simpson While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that...
Cannabis Deemed an ‘Essential’ Business. Will Insurance Landscape Change? March 26, 2020 By Don Jergler It’s not just toilet paper and hand sanitizer people have been stocking up on during the COVID-19 crisis. Inventory levels...
Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh March 26, 2020 The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as...