Worsening Wealth Gap Is World’s Biggest Risk: World Economic Forum January 16, 2014 The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most...
Europe to Experience More Droughts Due to Climate Change January 15, 2014 By Rudy Ruitenberg Europe is poised to suffer more droughts as the 21st century progresses because of climate change, according to a study...
P/C Insurers Face Challenge to Match 2013 Results in 2014 January 15, 2014 By Young Ha The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to...
Uninsured Losses from Natural Disasters Growing: Swiss Re January 15, 2014 By Carolyn Bandel Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss...
Global Natural Disasters Cost Insurers $45B in 2013: Impact Forecasting January 13, 2014 In 2013, there were 296 separate natural disaster events that produced total economic losses of $192 billion – four percent...
TWIA Expert Panel Working on Methods to Assess Wind/Water Property Loss January 10, 2014 By Stephanie K. Jones A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas...
Insurance M&A Trends That May Lead to ‘Perfect Storm’ in 2014 January 9, 2014 By Mark Sponseller and Brent Perkel Encouraged by a vigorous period of insurance M&A activity in the second half of 2012, many in the industry had...
Top 3 Trends for P/C Insurers: Deloitte January 9, 2014 Property/casualty insurers should be thinking about transforming how they do business and how they can better deploy technology if they...
IRS Reports Big Jump in Identity Theft Probes January 8, 2014 By Richard Rubin The Internal Revenue Service started 1,492 criminal investigations into the use of tax returns to commit identity theft in the...
Europe Hit by $2.25 B Economic Loss: Impact Forecasting December Cat Report January 8, 2014 Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has issued its monthly Global Catastrophe Recap report...