‘Hardening’ Property Catastrophe Market Enters ‘Hard’ Market Phase: Bank of America October 12, 2022 By L.S. Howard European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
Many Companies Lack Targets for Employee Mental Health: Study October 10, 2022 By Juliette Portala Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment...
Hospitals, Utilities Face Highest Exposure to Risk of Cyber Attacks: Moody’s September 30, 2022 Around $22 trillion of global debt rated by Moody’s has a “high” or “very high” exposure to the risk of...
Taming Global Supply Chain Risks, Holistically September 29, 2022 By L.S. Howard While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren’t...
Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate September 26, 2022 By Ambereen Choudhury, Natasha White and Denise Wee Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in...
AM Best Viewpoint: The Value of MGAs in a Hardening Market September 20, 2022 By Myles Gould and Riley Parnum The heightened perception of risk stemming from cyber attacks, the climate, pandemics and even inflation are just a few of...
Assets of World’s Largest Companies at Growing Risk of Climate Impact: S&P September 19, 2022 By Juliette Portala Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of...
Delaware Law Cut Workers’ Compensation Medical Claim Costs by 33%: WCRI September 16, 2022 A Delaware workers’ compensation law passed in 2014 has succeeded in lowering workers’ compensation medical claim costs, new research shows....
MGAs: An All-Weather Distribution Channel for Soft and Hard Markets September 15, 2022 By L.S. Howard Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market...
Global Reinsurers’ Capital Levels Drop by 11% During H1, Hit by Declines in Markets September 6, 2022 Global reinsurers’ capital levels dropped by 11% in the first half of 2022 to $647 billion, hurt by market declines,...