Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link. January 10, 2022 Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured,...
Safety Council Finds Employer Vaccine Mandates Boost Worker Vaccination Rate 20% January 7, 2022 The National Safety Council (NSC) released survey findings showing that employer vaccine requirements are driving higher vaccination rates among workers....
Global M&A to Remain Strong in 2022 as Valuations Reach Record Highs: WTW January 7, 2022 Global mergers and acquisitions activity attained historic highs in 2021 with 1047 deals valued more than $100 million, a significant...
Corporations That Fake Social Responsibility at Greater Risk of Cyber Attacks January 6, 2022 Corporations that do not take their vows to address environmental, cultural, social and political issues seriously could be putting a...
UK Personal Lines Insurers Adjust to New Pricing Rules. Is Premium Volatility Ahead? January 6, 2022 By L.S. Howard UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility...
Cryptocurrency Crime Hit Record $14 Billion in 2021: Research January 6, 2022 By Tom Wilson Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record...
Study Questions Link Between In-Person Schooling and COVID Infection Rates January 6, 2022 A new study shows that COVID-19 incidence rates were not statistically different in counties with in-person learning versus remote school...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...
2021 Ranked as Fifth Hottest Year by EU Climate Change Service January 5, 2022 By Eric Roston The year 2021 ended as the fifth hottest in records maintained by the European Union’s Copernicus Climate Change Service that...
COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden January 4, 2022 Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind...