Number of Women on Boards of UK’s Top Financial Firms Rises to 32%: Report July 19, 2021 By Simon Jessop The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third...
Global P/C Industry Sees Strongest Rate Hikes in 20 Years but Inflation Headwinds Loom July 16, 2021 By L.S. Howard Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines...
‘Sunny Day’ Floods Will Increasingly Inundate U.S. Coasts as Sea Levels Rise: NOAA July 15, 2021 By Brian K. Sullivan Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the...
Business Insurance Customers’ 3 Top Asks and 5 Top Buying Reasons July 15, 2021 Almost half (48%) of business insurance buyers say their trust in insurance has increased since the start of the pandemic,...
P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson July 15, 2021 Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s...
Individual Results of Climate Stress Tests Should Not Be Disclosed: Oversight Group July 14, 2021 By Marc Jones Climate change financial ‘stress tests’ will need to be improved with better data and modeling, a new paper by a...
How Transportation Could Be Safer, Cleaner and Cost Efficient by 2050 July 13, 2021 A Cornell University-led research team has calculated that by the year 2050, vehicle electrification, driverless cars and ride sharing could...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon July 12, 2021 June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting...
P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners July 9, 2021 There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in...
Employers Must Contend with Shrinking Population of Working-Age People July 7, 2021 By Christopher Rugaber As America’s job market rebounds this summer and the need for workers intensifies, employers won’t likely have a chance to...