Research and Trends News

Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s

Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last week. In a research report released prior to yesterday’s news of …

Managers at UK Firms Expect to Dial Back Pandemic-Era Flexible Work Arrangements

Many managers at UK companies expect to dial back their pandemic-era embrace of remote work and flexible arrangements once COVID-19 recedes, dampening hopes among employees that many of the changes will endure. A survey of UK managers and human resources …

Many Boardrooms Still Fail to Grasp ESG Risk, Marsh Review of Annual Reports Finds

Many global firms are still failing to prioritize environmental, social, and governance (ESG) risks in the boardroom, which is creating worrying gaps in their evaluation and mitigation of these mounting hazards, according to research by insurance brokers and risk advisors …

Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the Netherlands, according to Verisk Extreme Event Solutions …

Flash Floods Threaten 126,000 Commercial Buildings in London, and Risk Will Worsen

More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat. Those are the findings of a new study by Zurich Insurance Group, which mapped every commercial and mixed use property in …

Extreme Wildfires Expected to Increase 30% by 2050

Indonesia’s peatlands, California’s forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires, heralding a fiery future and the dire need to prevent it. With climate change triggering droughts and farmers clearing forests, the number …

Aging Oil-Storage Ships Pose Safety, Environmental Risks Around the World

The decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar vintage dotted across the globe. …

Only 3% of Employees Want to Return Full-Time to Their Offices: Survey

Just 3% of white collar workers want to return to the office five days a week, according to a poll by management consultancy Advanced Workplace Associates, which warned employees will quit if bosses force them back full-time. A full 86% …

Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report

There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a particularly strong second …

Just 3% of White Collar Workers Want to Return Full-Time to Their Offices: Survey

Just 3% of white collar workers want to return to the office five days a week, according to a poll by management consultancy Advanced Workplace Associates, which warned employees will quit if bosses force them back full-time. A full 86% …