RIMS 2017: Why Cyber Should Be Treated as Standalone Insurance April 24, 2017 Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both...
China & India Lead U.S. in Renewable Energy Targets: Allianz April 24, 2017 Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris...
AIG Study Shows How, Why M&A Insurance Claims Frequency Is Rising April 24, 2017 The frequency of insurance claims surrounding mergers and acquisitions (M&As) is rising as large deals prove risky and the average...
Global Insurance Industry Set to Grow by 4.5% in 2017-2018: Munich Re April 21, 2017 The global insurance industry is set to grow more strongly at 4.5 percent per annum on average (3.0 percent in...
BP Oil Spill Caused $17.2 Billion in Natural Resource Damage: Virginia Tech Scientists April 20, 2017 The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of...
Better Data, Models Expand Private Flood Insurance Opportunities: Actuaries April 20, 2017 As Congress considers reauthorization of the National Flood Insurance Program (NFIP), it should take into account specific insurance market, technological...
Slow Computers & Internet, Outdated Systems Demoralize EU Workers: Survey April 20, 2017 By Chris Stokel-Walker It was the third hour of doing nothing that broke James Scott. The 25-year-old researcher was sitting at his desk...
Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report April 20, 2017 By L.S. Howard Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing...
Total Cost of Risk Drops for 3rd Year: RIMS Benchmark April 19, 2017 Despite rising uncertainty and increasingly more complex risk profiles, businesses saw a decline in the total cost of risk (TCOR)...
Insurers Increasingly Embrace Robots over Humans for Customer Service April 19, 2017 By Oliver Suess Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to...