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Commercial insurers earnings are strong, but natural disasters, geopolitical risks, and mounting legal system challenges could upset the balance, the broker finds.
Pennsylvania courts top ATRA’s list of unfair legal venues, as nuclear verdicts and lawsuit abuse plague multiple jurisdictions.
The latest people news in the industry today.
Climate-related risks threaten major football stadiums with potential losses reaching $800 million by 2050, according to analysis by Climate X.
The manufacturing sector’s cyber exposure serves as a wake-up call for the industry, according to Cowbell.
Business leaders rank economic downturn, inflation and labor shortages as top risks for 2024, according to World Economic Forum survey.
U.S. P&C insurers post dramatic $36.2 billion underwriting turnaround in first nine months of 2024, AM Best reports.
Business leaders express strong optimism for 2025 despite mounting risks to profitability and operational resilience, HUB research shows.
Directors and officers face mounting risks from geopolitical tensions, AI adoption and rising insolvency rates through 2025.
Commercial insurers maintain stability despite market challenges, as strong underwriting and pricing drive continued profitability, according to AM Best.
Despite cooling growth, the cyber insurance market has significant untapped potential in SME and global markets, according to Swiss Re.
Mubbin Rabbani shares valuable perspectives on how AI can aggregate and summarize information and even structure out what should happen on a claim, all in an effort to help free the adjuster’s workload.
Insurers face mounting losses as climate risks drives unprecedented surge in secondary natural catastrophes, according to S&P.
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