‘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...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic December 10, 2021 By Carolyn Cohn The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said,...
Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best December 9, 2021 AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive...
Property Catastrophe Reinsurance Renewal Rates to Rise by More Than 10%: Fitch December 7, 2021 Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in...
AM Best Raises Outlook for P/C Commercial Lines to Stable From Negative December 6, 2021 AM Best has revised its 2022 market segment outlook for the U.S. property/casualty commercial lines insurance industry to stable from...
Climate Modeling Confirms Historical Records Showing Rise in Hurricane Activity December 6, 2021 New results show North Atlantic hurricanes have increased in frequency over the last 150 years Jennifer Chu | MIT News...
Insured Price Tag for Europe Windstorm Hendrik-Ignatz (Aurore) Estimated at €311M December 3, 2021 Initial insured losses for extratropical windstorm “Hendrik-Ignatz,” also known as “Aurore,” are estimated at €311 million ($352 million), according to...
Construction Industry Faces ‘New Age’ Risks Along with Strong Growth Outlook December 2, 2021 The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry...
Where Employers Stand on Vaccines, ‘New Normal’ Workplace, Remote Work, Travel November 30, 2021 Although more than half (57%) of U.S. employers say they require or plan to require COVID-19 vaccinations of employees, much...