P/C Mutual Insurers Continued to Grow Premiums in 2020 Despite Givebacks September 15, 2021 U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. In...
Most Commercial Lines Continuing to Win Healthy Price Increases September 14, 2021 While aggregate U.S. commercial insurance price hikes continue to moderate, most lines are still producing robust price increases, according to...
What Smart People Get Wrong About Climate Change Extremes: Opinion September 14, 2021 By Kate Mackenzie, Bloomberg Opinion If anyone should be attuned to the real-world impacts of global warming, it’s the policy makers and business heads that...
U.S. Hurricane Ida, Haiti Quake, Multiple Major Wildfires Among August’s Disasters: Aon September 13, 2021 Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted...
Insurers, Banks See London Remaining a Leading Financial Center September 13, 2021 By Huw Jones London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey...
Users Want Self-Driving Vehicles That Drive Like They Do, Sort of September 8, 2021 Do passengers want self-driving cars to mimic their personal driving behaviors or do they hold these autonomous vehicles to a...
Commercial Auto Insurance Profitability Still Way Down the Road: S&P September 8, 2021 U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty...
Global P/C Premiums Likely to Double by 2040, but Motor Growth Will Slow: Swiss Re September 8, 2021 By L.S. Howard Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 –...
Weather Catastrophes Growing in Numbers and Damages But Taking Fewer Lives September 7, 2021 By Seth Borenstein and Jamey Keaten Weather disasters are striking the world four to five times more often and causing seven times more damage than in...
Obstacles to Wider Acceptance of Usage-Based Auto Insurance Remain September 7, 2021 Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics,...