Insurance Industry Told to Expect Global Average Annual Disaster Loss of $106B: AIR October 26, 2021 By L.S. Howard The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a...
U.S. Insurers’ Face ‘Minimal Exposure’ in China’s Evergrande Property Crisis October 18, 2021 By L.S. Howard The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country’s largest...
Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh October 18, 2021 By L.S. Howard By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest...
MGAs Can Build Broker Relationships – Even in a Hard Market: Aston Lark’s CEO October 15, 2021 By L.S. Howard How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide...
Biz Interruption, Recovery Costs Drive Financial Losses From Cyber Attacks: Report October 14, 2021 By L.S. Howard During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey October 4, 2021 By L.S. Howard Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to...
Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh October 1, 2021 By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face...
Re/Insurance Cyber Rates Could Double Before 2023, as Attacks Skyrocket: S&P September 30, 2021 By L.S. Howard The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey September 27, 2021 By L.S. Howard Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to...
Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds September 16, 2021 By L.S. Howard A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting...