Global Insurance Rates Continue to Moderate in Q1 – With the Exception of Cyber April 28, 2022 Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P Study April 27, 2022 By Marc Jones Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the...
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best April 26, 2022 Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to...
Two-Thirds of Employees Might Seek New Jobs if Forced Back to Office: Global Survey April 26, 2022 By Howard Schneider Worker demands for more flexibility and security, bolstered by the pandemic and a tight labor market, are only growing more...
Climate Change Exacerbates Extreme Weather in Europe: Report April 25, 2022 By John Ainger Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer...
Risky Driving Increases as Sleep Apnea Worsens April 21, 2022 Drivers who have sleep apnea can be a high risk behind the wheel, according to new research that also suggests...
Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Mkt Profits April 21, 2022 The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price...
UK Car Insurance Premiums Reached 18-Month High in 1st Quarter: Survey April 21, 2022 The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will...
Insured Losses From Eastern Australia Floods Estimated at A$4B: PERILS April 21, 2022 Initial insurance losses for the Eastern Australia floods are estimated at A$3.99 billion (US$2.97 billion), according to PERILS, the independent...
IMF Sees No ‘Bounce Back’ for Russia Economy, Expects More Damage if Sanctions Escalate April 20, 2022 By Andrea Shalal Russia’s economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and...