Research
Experts Expect Simultaneous Cyber Attacks on Multiple Companies: AIG
Nine in 10 global cybersecurity and risk experts said they believed that cyber risk is systemic and that simultaneous attacks on multiple companies were likely in 2017, according to a study by ...
Bermuda Insurers, Reinsurers Hammered by Ogden Rate Change, More Natural Catastrophe Losses
A big change in the Ogden rate and higher natural catastrophe losses are dampening a wide range of Bermuda-based insurer and reinsurer results in the 2017 first quarter, Standard & Poor's said in ...
Cyber Insurance Was Profitable in 2016, Even With Higher Loss Ratios: Aon Benfield
Cyber insurance may be a fast-changing and relatively new market, but it was profitable in 2016 despite higher loss ratios, according to a new Aon Benfield report. The U.S. market combined ratio for ...
Climate Change Worsens U.S. Mobile Home Tornado Vulnerabilities
Tornadoes and mobile homes don't mix to begin with, but throw in the volatility of climate change and the potential for massive property damage and deaths is even higher in coming decades, indicates ...
Insurer Investors Stymied by Complex Solvency II Reporting Requirements: Willis Towers Watson
The insurance sector is at risk of being further marginalized by investors because performance reporting has become more complicated as a result of Solvency II, according to a report published ...
Erie Insurance Tops J.D. Power’s Annual Auto Insurance Customer Ranking for 5th Straight Year
For the fifth consecutive year in a row, Erie Insurance came in first in J.D. Power's annual ranking of auto insurance customer service. Erie Insurance's score of 879 out of a possible 1,000 comes as ...
Q1 InsurTech Venture Funding Plunged, as Companies Advanced to Product Stage
InsurTech venture funding plunged 64 percent in the 2017 first quarter compared to the previous year, but the reason for the drop may actually be quite positive, according to a new Willis Towers ...
A Robust Start: Aon Benfield’s Take on Q1 Cat Bond Issuance
Catastrophe bond issuance made a robust start during the first quarter of 2017 with seven catastrophe bond transactions that totaled US$2.17 billion, according to a report from Aon Securities, the ...