Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson May 1, 2020 Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes...
Most Firms Have Some Cyber Insurance But Gaps in Coverage Remain: Survey April 30, 2020 The majority of businesses are insured against traditional cyber risks, such as breaches of personal information, but most remain vulnerable...
Global Reinsurers See Robust Capital Growth of 15% in 2019: Willis Re April 29, 2020 Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth, according...
Most Firms Neglected Pandemics in Annual Risk Assessments: Study April 28, 2020 The risk of a pandemic was known prior to the current health crisis, yet in disclosing their risk factors to...
Top States, Cities For Insurance Claims for Hail Damage April 28, 2020 Texas leads the nation in insurance claims for hail damage— far outdistancing other states with 23% of loss claims filed...
UK Insurers Expected to Pay $1.5B in Coronavirus Claims: Association of British Insurers April 27, 2020 By Sid Verma British insurers are on the hook for more than 1.2 billion pounds ($1.5 billion) in claims from businesses and individuals...
Disease Experts Are Better Than the Covid-19 Contrarians: Opinion April 24, 2020 By Noah Smith, Bloomberg Opinion One of the most vexing questions in life is: Should you trust the experts? The fundamental conundrum is that sometimes...
Putting Autonomous Driving Back on the Road: Roundtable April 22, 2020 By Ira Boudway The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By...
Layoffs, Small Business Exits Likely Major Coronavirus Effects on Workers’ Comp: NCCI April 20, 2020 A new analysis of the economic effects of the coronavirus finds that while layoffs of workers will have the most...
CyberCube Releases New Edition of Cyber Accumulation Model April 20, 2020 CyberCube, the cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager, the cyber risk...