Just How Costly, Fast-Growing Is Cyber Risk? September 15, 2015 Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report September 15, 2015 The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even...
Odds of Drivers Having Collision with Animal: 1 Out of 169 September 14, 2015 The odds drivers will have a claim from hitting a deer, elk or moose is 1 out of 169, the...
New ILS Records Set During 12 Months Ended June 30: Aon Securities Report September 11, 2015 Annual catastrophe bond issuance reached $7.0 billion – a decrease on the record-breaking prior year ($9.4 billion), yet still the...
Can U.S. P/C Insurers Handle Equity Market Volatility? September 11, 2015 While some are more exposed than others, U.S. property/casualty insurers generally can handle more significant deterioration in global equity market...
Helmet Technology Could Signal Concussions During Games September 10, 2015 By John Tozzi When the Steelers and Patriots clash on Thursday night in football’s season opener, you’ll see 250-pound men slam into each...
Pending Mergers Will Harm Health Insurance Competition: AMA September 8, 2015 The nation’s doctors say the proposed mergers among four of the nation’s largest health insurance companies would violate federal antitrust...
Lloyd’s: Cities Hurt More by Market Crashes Than Natural Disasters September 4, 2015 By Sonali Basak and Katherine Chiglinsk A stock-market crash could erase as much as $170.3 billion from major cities’ gross domestic product in the U.S. and...
Cost of Tianjin Explosions Could Reach $3.3 Billion: Guy Carpenter September 4, 2015 The two massive explosions which hit China’s Port of Tianjin last month could generate insurance losses of up $3.3 billion,...
Tier 1 Reinsurers More Resilient than Smaller Firms in Current Market: Fitch September 4, 2015 Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small mono-line...