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...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes August 24, 2021 Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto...
Cyber Attacks Make Working From Home Costly for German Businesses: Report August 24, 2021 By Carolynn Look Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber...
Call Center Humans vs. Automation: How to Make Inertia Work for Firms and Customers August 24, 2021 In the digital age, service center operations, including call centers and help desks, are increasingly important to organizations for interacting...
Climate Change Exacerbated Germany’s Deadly Floods: Report August 24, 2021 By Laura Millan The heavy rains and floods that killed at least 220 people in Belgium and Germany this summer were made more...
It Turns Out That Humans Are Secret Weapon for Autonomous Vehicle Startups August 23, 2021 By Hyunjoo Jin Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past...
Insured Losses from European Floods Estimated at $6 Billion-$7.7 Billion: RMS August 23, 2021 RMS, the Newark, Calif.-based catastrophe modeling company, estimates that insured losses from the Western and Central Europe flooding, which occurred...
Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study August 20, 2021 A new study by Indiana University and RAND Corp. assessed the impact of COVID-19 vaccinations and found that 139,393 deaths...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s August 19, 2021 The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits...