Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report August 6, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the...
UK Firms Hire Contractors Instead of Employees to Cut Tax Bills August 6, 2025 By Irina Anghel UK businesses are turning to the self-employed in an effort to rein in costs as they try to navigate Chancellor...
Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024 August 1, 2025 Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by US Claims: Munich Re July 29, 2025 By L.S. Howard Natural disasters across the globe cost insurers US$80 billion during the first half of 2025, up from $64 billion in...
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh July 24, 2025 By L.S. Howard Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1...
Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P July 23, 2025 By L.S. Howard Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report...
AI Should Run on 100% Renewable Energy by 2030, UN Chief Says July 23, 2025 By Laura Millan Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António...
British Business Slows Climate Action, Sees Government Net Zero Agenda as Unrealistic July 22, 2025 By Virginia Furness British business leaders are putting a brake on their plans to combat climate change and do not believe the government’s...
Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO July 18, 2025 By L.S. Howard Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing...