The global reinsurance market is approaching equilibrium, or so says a new report from Willis Re, the reinsurance division of Willis Towers Watson.
According to rankings and analyses released yesterday by Insuramore, a provider of services and consultancy with a primary focus on the insurance sector, the world's top 20 insurance broking groups as measured by total insurance broking revenues in 2020 (combined of fees and commissions earned) accounted for just over a half (52,3%) of global insurance broking revenues in 2020.
Positive pricing momentum has driven premium growth in the global reinsurance sector in the first quarter of 2021, according to a new report from Willis Re.
While there is no question that the COVID-19 pandemic had an impact on the auto insurance market, a new report from LexisNexis Risk Solutions found that last year was a “rollercoaster year” for business trends.
Independent specialist insurance and reinsurance broker BMS has launched its inaugural private equity, M&A and tax report, ‘Redefining M&A Insurance for the 2020s’. The report, which provides a holistic view of how M&A insurance interacts with the wider M&A sphere globally, also gives a first look at behaviors and trends following the onset of the COVID-19 pandemic.
According to a report titled “Global Insurance Markets: Pricing Moderate in First Quarter” from Marsh, the world's leading insurance broker and risk advisor, insurance pricing in the first quarter of 2021 in Asia increased by a moderate 8% year-over-year.
Cyberattacks and data loss are the top risks facing directors and officers, according to a new survey by Willis Towers Watson and global law firm Clyde & Co. The forced change in working practices brought on by the COVID-19 pandemic has heightened those concerns, the report found.
Mental health problems caused by the COVID-19 infections will be the next pandemic according to a new study published by the Barcelona Institute for Global Health (ISGlobal) in March 2021.
Total global reinsurance capital stood at US$658 billion at year-end 2020, reflecting 7% year-on-year growth, according to a report by Willis Re.
Climate change and the resulting energy transition are the major drivers of transformation in the energy industry risk landscape, according to a report by Willis Towers Watson.