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| | | Nothing Assumed | | Reinsurance podcast with Marcus Winter Systemic cyber risk and market sustainability | | | | Munich Re US | |
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Today's Headlines | August 31, 2022 |
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At a recent industry event, the Duck Creek Formation conference in March, insurance agency representatives, including Most Insurance Agency Principal Craig Most, shared their thoughts about what makes agents choose to work with certain carriers over others during a session sponsored by Duck Creek partner Ivans. Following the event, Most and Ivans CEO Reid Holzworth... read more | | |
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Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year, with nearly three-quarters of that figure coming through personal lines. In an article titled, Countering inflation: How U.S. P&C insurers can build resilience, McKinsey partners Kia Javanmardian, Sebastian Kohls and Fritz Nauck, together with senior... read more | | |
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"Would you like fries with that?" was never meant to be a polite question to make sure that we were satisfied. It was meant as an upsell. It is a perfectly-timed, pressure-driven question that often gets a positive response. It was marketing in the moment ...read more |
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Worsening droughts, storms and torrential rain in some of the world's largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. Heavy rains this year have triggered floods that inundated cities in China and South Korea and disrupted water and electricity supply in India,... read more | | |
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Zombie ice from the massive Greenland ice sheet will eventually raise global sea level by at least 10 inches (27 centimeters) on its own, according to a study released Monday. Zombie or doomed ice is ice that is still attached to thicker areas of ice, but is no longer getting fed by those larger glaciers.... read more | | |
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The Atlantic crucible of hurricanes hasn't had a storm all month, and if the calm holds it will stand as the quietest August in 25 years. The expanse of ocean between Africa and the Caribbean Sea has only had two stormless Augusts in more than seven decades of recordkeeping — one in 1961 and the... read more | | |
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A state mandate in California that will require all cars sold after 2035 to be emission free presents a formidable challenge for auto insurers to properly price and fully understand the risks presented by electric vehicles. The rule adopted by the California Air Resources Board comes as average collision repair wait times are lengthening and... read more | | |
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| Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ... read more | |
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| AI underwriting is here: Are you ready? What do you think of when you think of ... read more | |
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