This Year’s 10 Worst Climate Disasters Cost $170 Billion: Study December 27, 2021 By Damian Shepherd Ten of this year’s most destructive weather events cost a combined $170 billion in damages, according to a new study....
Active 2021 Hurricane Season Revealed ‘Unsettling’ Trends: AIR Worldwide December 22, 2021 By Kimberly Tallon The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane...
UK Businesses Brace for Great British Resignation in 2022 December 21, 2021 By Emily Ashton UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the...
Global M&A Activity Shatters Records, Topping $5 Trillion in 2021 December 21, 2021 By Anirban Sen, Pamela Barbaglia and Kane Wu LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that...
Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon December 20, 2021 November was a wet month in many countries across the globe, with heavy rains and flooding causing billions of dollars...
Where Insurance Prices Will Moderate in 2022. And Where They Probably Won’t. December 20, 2021 Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much...
New Research Warns Rare Winter Tornadoes May Get More Intense December 16, 2021 By Seth Borenstein Nasty winter tornadoes — like the deadly ones last week that hit five states — are likely to be stronger...
Arctic Region Broke Heat Record in 2020, U.N. Agency Confirms December 15, 2021 An Arctic temperature record of more than 100 Fahrenheit (38 Celsius) was reached in a Siberian town last year during...
‘Catch-Up Care’ Helps Explain Rise in Employers’ Health Insurance Costs: Mercer December 14, 2021 By Amruta Khandekar Health insurance costs for employers rose the most in over a decade this year as Americans resumed non-urgent procedures delayed...
Extreme Weather in 2021 Brings Above-Average Claims to Global Insurers: Swiss Re December 14, 2021 Extreme weather events in 2021, including a deep winter freeze, floods, severe thunderstorms, heatwaves and a major hurricane, resulted in...