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Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber attacks, pandemics and climate change, according to McKinsey & Co., which estimates ...
Let's get a few things out of the way. First, I am not a data scientist or an actuary. I am an attorney interested in data. More specifically, I am interested in using data from disparate sources to ...
Consumer-focused identity theft, cyber attacks and online fraud are continuing to rise or remain at robust levels, a new national survey by Munich Re's HSB has found. Nearly 16 percent of individuals ...
Usage of insurance linked securities the first six months of 2020 is already 20 percent higher than all of 2019, underscoring the sector's momentum and resilience even with the coronavirus pandemic, ...
The U.S. property/casualty insurance industry saw its surplus drop by a record amount in the 2020 first quarter, thanks to stock market turmoil driven by the coronavirus pandemic's rapid arrival. But ...
Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re ...
Bonus payouts for insurance company chief executive officers continued to be above target and commensurate with good financial results and strong total shareholder return in 2019, according to a new ...
It turns out that the coronavirus pandemic hasn't adversely affected U.S. personal lines insurance all that much. In the short term, the sector has continued to do well and is poised to produce ...
Large shipping losses dropped by 20 percent last year, in a continuation of decade-long trend when losses declined by almost 70 percent, according to a report published by Allianz Global Corporate ...
A large number of Americans working from home due to the coronavirus pandemic aren't worried about cyber attacks even though they're at greater risk compared to working in the office, Chubb found in ...
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