Catastrophe Bond Market Breaks New Record with $8.5 Billion of Securities Issued August 18, 2021 Catastrophe bonds broke a record during the first half of the year with about $8.5 billion of new securities issued,...
Global Fast Fashion Brands Helping to Drive Pollution of African Rivers: Report August 18, 2021 By Emma Rumney JOHANNESBURG – Global fast fashion brands are helping drive pollution that has dyed African rivers blue or turned their waters...
Agencies Ride Commercial Prices, Reopened Economy to Record Organic Growth August 17, 2021 Buoyed by the hard market and rebounding economy, Independent insurance agents and brokers grew overall by 7.1% in the second...
Report Finds Some Progress on Global Strategies to Reduce Cyber Risks August 16, 2021 Despite the overall worsening cybersecurity climate, there’s been some global progress in developing strategies to reduce risk. “We are seeing...
Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re August 13, 2021 Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze,...
German, Chinese Insurers Face Record Disaster Claims as Extreme Weather Intensifies August 12, 2021 Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential...
Insurance Becomes Top Operating Cost Concern for Small Canadian Firms: Survey August 11, 2021 Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their...
5 Key Takeaways From Latest United Nations Report on Climate Change August 9, 2021 By Eric Roston and Akshat Rathi Today, the United Nations Intergovernmental Panel on Climate Change delivered its latest comprehensive report on the state of global climate...
U.N. ‘Code Red’ Report Warns of ‘Irreversible’ Impact on Climate August 9, 2021 By Nina Chestney and Andrea Januta The U.N. panel on climate change sounded a dire warning on Monday, saying the world is dangerously close to runaway...
Many InsurTechs Go Under Quietly While Others Ride Funding Wave August 5, 2021 By Susanne Sclafane While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for...