Aon: Business Leaders Say Recession Looms; What Sets Prepared Companies Apart? November 1, 2022 Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Initial Insured Loss for Typhoon Nanmadol Estimated ¥114B (US$768M) November 1, 2022 Initial insurance industry losses from Typhoon No. 14, aka Nanmadol, which hit Japan in September 2022, are an estimated 114...
Insured Losses for Australia’s October 2021 Storms Estimated at A$972M: PERILS October 31, 2022 Insured losses for the severe storms, which hit Southern Australia on Oct. 28-30, 2021, are estimated at A$972 million (US$623.1...
Global Insurance Rates Continue Rising at Slower Levels; Cyber Outpaces Other Lines October 27, 2022 Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums...
Earth Is on Track to Warm Above 2C, Even With Climate Action: UN Report October 26, 2022 By Laura Millan Government plans to cut greenhouse gas emissions aren’t enough to avoid catastrophic global warming, with the planet on track to...
Companies Increasingly Keep Climate Pledges Secret as ‘Green Hushing’ Takes Off October 25, 2022 By Alastair Marsh Companies are increasingly trying to keep their climate pledges away from public scrutiny. The phenomenon, known as green hushing, has...
With Less Reinsurance for Reinsurers, Prices Set to Rise Again for Florida Carriers October 25, 2022 By Jerry Theodorou It has been three weeks since Hurricane Ian struck Florida on Sept. 28, 2022. The storm took at least 119...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...
Global Natural Disasters Cost Insurers $99B in Q3, With Economic Losses of $227B: Aon October 21, 2022 Global natural disaster events to the end of Q3 2022 caused total economic losses estimated minimally at $227 billion –...