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Ransomware attacks grew by nearly 50 percent in the 2020 second quarter compared to the first three months of the year, underscoring the risks created by pandemic-related work-from-home requirements, ...
Before the pandemic, companies had spent years increasing benefits and compensation and even adding extra perks in a bid to win the war for talent. Now, the focus is on business continuity, and ...
Despite the global reinsurance sector's "robust capital position" and "very high rate rises," which are expected to "carry on for the remainder of year, and continue for major renewals in 2021," ...
Moody's downgraded its outlook for the global reinsurance sector to negative from stable, citing a challenging operating environment hampered by the coronavirus pandemic and its adverse impact on ...
Swiss Re said it sees a positive outlook for renewals as the market continues hardening and rates increase. "Even before the COVID-19 crisis, most major markets were operating at below-average ...
U.S. commercial insurance prices continued their robust climb in the 2020 second quarter, rising by close to 10 percent overall compared to the same period a year ago, according to Willis Towers ...
Not surprisingly, pandemic risks are among the top concerns for midsize businesses in 2020, tying for the No. 3 spot and beating out reputational risks, regulatory issues and risks related to climate ...
The 10 largest global reinsurers of 2019 represent a paragon of stability, according to A.M. Best's new market segment report. That's largely because so little changed from the year before. Nine of ...
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they're concerned about ...
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