Warning: Cyber Will Soon Cost Insurers More Than Natural Disasters May 12, 2019 By Helene Fouquet and William Horobin Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer...
Insurtech Investments Break New Records in Q1 May 10, 2019 Insurtech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of...
Loss Estimate for Australia’s Townsville Flood Rises to A$1.041 Billion: PERILS May 10, 2019 Insured property losses for floods that affected northern Queensland, Australia, and in particular the city of Townsville, have risen to...
The Next Insurance Battleground: High-Value Customers May 8, 2019 By Tom Super Competition is tightening across the P&C insurance market. With just 2 percent of new consumers entering the personal lines auto...
Climate Change Threatens One Million Species with Extinction: Scientists May 6, 2019 By Gus Trompiz Relentless pursuit of economic growth, twinned with the impact of climate change, has put an “unprecedented” one million species at...
How Drone Use Becomes More Challenging When Deploying Fleets May 3, 2019 Search and rescue crews are already using drones to locate missing hikers. Farmers are flying them over fields to survey...
Cybersecurity Costing Large Financial Firms $3,000 Per Employee: Survey May 2, 2019 By Yalman Onaran Big banks and other financial firms spend as much as $3,000 per employee to defend computer networks from cyber criminals,...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report May 1, 2019 By Gertrude Chavez-Dreyfuss Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to...
Risk Managers Rank Economic Slowdown, Damage to Reputation as Top 2 Risks: Aon April 29, 2019 Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of...
Getting Americans to Stop Using Phones While Driving April 29, 2019 By Kyle Stock The distracted driving report by Zendrive, a traffic-data startup, makes it clearer and clearer each year that millions of Americans...