Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates February 14, 2023 Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely...
Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch February 9, 2023 Most insurance payouts due to the earthquake that hit Turkey and Syria ultimately will be borne by global reinsurers, according...
Earthquakes Deliver Another Blow to Turkey’s Re/Insurance Industry: Reports February 8, 2023 By L.S. Howard Two powerful earthquakes, which hit southeastern Turkey on Feb. 6, 2023, deliver another blow to the local re/insurance industry, according...
Corporate Financial Health to Worsen Across the Globe, Janus Henderson Says February 6, 2023 By Chiara Elisei Corporate financial health will worsen across the globe this year, failing to gain respite from signs that inflation has peaked...
Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend: Marsh February 3, 2023 Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and...
Crypto Thefts Hit Record $3.8B in 2022 on Surge in North Korea Hacking: Report February 3, 2023 By Jeff Stone Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in...
Ranks of Quiet Quitters Climb as Layoffs Mount January 31, 2023 By Matthew Boyle and Jeff Green Close to one in five workers has fully checked out on the job, and employees’ sense that they’re being treated...
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points January 31, 2023 By L.S. Howard Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils,...
Climate Disaster in Amazon Rainforest Could Cascade Across Earth, Study Finds January 31, 2023 By Laura Millan Trees set ablaze in Brazil’s Amazon rainforest could contribute to melting glaciers in the Himalayas and Antarctica because distant ecosystems...
French (Yes, French) Executives Are the World’s Worst Workaholics: Survey January 30, 2023 By Matthew Boyle Americans have popularized “hustle culture,” but it’s French executives who binge work the most, according to a new survey. Nearly...