Critical Information for P/C Carrier Executives
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| | | | | | | Sustainability At Our Core | | | | Sustainability and Circular Economy have been core to IAA's mission for 40 years. Learn more in our new sustainability report. | | | | | | | | IAA, Inc. | | |
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| Today's Headlines | September 9, 2021 |
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| Global property/casualty premiums are expected to more than double to $4.3 trillion in 2040 from $1.8 trillion in 2020 – growth driven by economic development, urbanization and climate change, according to Swiss Re's latest sigma study. read more |
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| | | Advertisement | | | | | | | | Don't let any of it go to waste. | | | | Discover how to EASILY capture, transform and leverage your loss run data to write better business. Watch our free webinar to learn more. | | | | | | | | Two Sigma IQ |
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| Global reinsurers performed well in first-half 2021, expanding their capital base and achieving exceptionally strong premium growth, according to Willis Re's latest Reinsurance Market Report. Dedicated capital for the global reinsurance industry came in at $688 billion for the first six months of 2021—up 4 percent from December 2020. Willis Re said the rise was... read more |
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| The cost of motor vehicle reports (MVRs) continues to climb, with the latest Verisk analysis revealing the nationwide average to be $10.32 as of July 2021, compared to $7.64 ten years ago. Verisk's ten-year analysis of fees shows that state registry fees were ...read more |
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| According to our analysis of loss reserves published in mid-March, the year 2020 marked the 15th straight year that the U.S. property/casualty industry's loss reserves developed favorably—by about $7 billion during 2020, or just slightly more than during 2019. The "big news" we conveyed at Assured Research was that our reserve estimate for the industry... read more |
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| Peter Zaffino, American International Group's CEO since March, will add "Chairman of the Board of Directors" to his title as of Jan. 1, 2022 after Brian Duperreault retires. read more |
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SPONSORED BY: CoreLogic While we can't control the occurrence of natural disasters like hurricanes, we can prepare for them. Understanding the risk to help accelerate recovery is the key to resilience.... read more |
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| Digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it one of the first British Black-founded unicorns, the company said on Wednesday. read more |
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| A Delaware judge ruled on Tuesday that Boeing's board of directors must face a lawsuit from shareholders over two fatal 737 MAX crashes that killed 346 people in less than six months. read more |
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| A former Chubb executive is Zurich North America's new Head of Distribution for the U.S. Middle Market. AXA XL's North America Construction business promoted two veteran executives to lead its Construction Professional and Subcontractor Default Insurance business lines, respectively. An ex-Swiss Re executive joined Berkshire Hathaway Specialty Insurance as Head of Customer & Broker Engagement in France. read more |
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| Many employees are being forced to return to the workplace despite requesting accommodations for mental health issues such as anxiety, stress, depression, agoraphobia or PTSD. This has led to a spike in lawsuits, according to a recent report from Bloomberg Law. Some of these lawsuits "could involve tricky gray areas under the federal Americans with... read more |
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| Cyber insurance has become a significant issue for insurers. From being a ...
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| Insurers are facing a moment of truth. How they respond today will lay the ...
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| As large P&C carriers and brokers continue to grow through mergers and ...
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| The arrival of new aerial imagery providers gives insurance carriers the ...
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| Business email compromise, or BEC – defined as a fraud tactic using email to ...
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