A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured risk.” Recently published research, Lloyd’s …
A special report from A.M. Best – “Regulation Tightens as Colombia’s Insurance Market Grows and Matures -“notes that “insurance companies operating in Colombia are benefiting from a vibrant, growing economy, the country’s commitment to building infrastructure and helping its industry …
The health of the world’s economy continues to deteriorate as insufficient demand, unemployment and the on-going debt crisis in Europe undermine recovery efforts, according to the latest findings from the ICC-Ifo World Economic Survey (WES). The ICC said that “based …
A state inspector general’s wide-ranging report on Louisiana Fire Marshal Butch Browning includes a finding that one of Browning’s inspectors failed to detect mechanical problems with a carnival ride in Greensburg hours before two teenagers were injured on the ride …
A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new survey sponsored by Zurich and administered by …
Ohio’s state watchdog hasn’t yet released an investigative report on state’s workers’ compensation fund investment scandal that engulfed Ohio in 2005 — and critics want to know why. With the presidential election only weeks away, the nonprofit government watchdog group …
The Italian non-life insurance market faces changes as the sector is subject to new legislation and industry consolidation, while the country’s ongoing economic challenges constrain demand for coverage, according to a new report from A.M. Best Co. Best explained that …
A new report from A.M. Best notes that the “French insurance market has experienced significant volatility during the past few years, although the non-life sector continues to grow.” The report comments that while the life market contracted in 2011, gross …
“The Spanish non-life insurance sector remained profitable in 2011, but growth remains challenging, as it continues to face one of the bleakest economic environments since the 1930s,” according to a new report from A.M. Best Co. Best explained that non-life …
“The Chinese insurance market is in a state of transition: after a period of rapid expansion, the market must now adjust for sustainable and healthy growth,” concludes a special report from A.M. Best. “Since enhancing risk management and market discipline …
