Global Warming Could Kill 83 Million People by Turn of Next Century: Study July 30, 2021 By Jonathan Tirone A population equivalent to that of Germany — 83 million people — could be killed by 2100 because of rising...
P/C Insurers’ Boost Net Income But Extreme Weather Hurts Underwriting in Q1 July 29, 2021 Private property/casualty insurers in the U.S. saw their net income after taxes increase significantly in the first quarter to $20...
Insurtech Investment Reaches Record $7.4B for First Half 2021 July 29, 2021 Insurtech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report July 28, 2021 By Jonathan Saul There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken...
Insured Losses from July Floods in Germany Could Approach $6B: AIR Worldwide July 28, 2021 AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh July 28, 2021 Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far...
Workers’ Compensation Research Study Shows No Treatment Delays Due to COVID July 26, 2021 By Jim Sams COVID-19 did not delay medical treatment for workers’ compensation claimants, but did decrease the amount of emergency care and other...
Insurance Industry Heading to Faster Recovery than After 2008 Financial Crisis: Swiss Re July 26, 2021 By Alwyn Scott The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the...
London Staff Want Big Pay Raises Before Returning to Their Desks Full-Time: Survey July 23, 2021 By Eamon Akil Farhat London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return...
Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase? July 22, 2021 By L.S. Howard With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...