Traffic Deaths Up 10.5% in First Three Months of 2021 September 2, 2021 By David Shepardson New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
German Insurers’ 2021 Claims Could Reach €11.5B ($13.6B) After Floods, Hail September 2, 2021 German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s...
Society of Actuaries Launches Research Arm September 1, 2021 The Society of Actuaries has launched a research division that promises to develop and fund research that “elevates actuaries as...
Labor Force Participation Rebound Will Take Time: Research August 30, 2021 By Howard Schneider The U.S. Federal Reserve faces a long slog if it hopes for the country’s labor force participation rate to climb...
Global Insurance M&A Drops 3% in 1st Half of 2021: Clyde & Co. Report August 27, 2021 Mergers and acquisitions (M&A) in the global insurance industry dropped 3% in the first half of 2021 with 197 completed...
Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away August 26, 2021 By Don Jergler It’s counterintuitive to run toward a fire, or any risk for that matter, but that mindest doesn’t seem to always...
56% of Insurance Companies Plan to Hire Within the Year: Jacobson August 26, 2021 In the next 12 months, 56% of insurance companies plan to increase staff while 37% plan to maintain their current...
Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report August 26, 2021 By Tim Quinson For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts...
Reinsurance Prices Expected to Harden at Jan. 2022 Renewals – with Less Momentum August 24, 2021 Global reinsurers’ underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes...