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...
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...