High inflation alone led to an increase in property/casualty claims of 5-7.5%, across five key markets in 2022, according to...
Research and Trends News
The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, $21.5 billion more than the $5...
Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according...
U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday...
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing...
The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion...
U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate...
There are more than 170 trillion tiny plastic particles — or 2 million tons of them — floating on the...
Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage...
The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year –...