According to a new report from Allianz Global Corporate & Specialty (AGCS) called 'COVID-19 – Changing Claims Patterns', claims trends and risk exposures in different lines of insurance are likely to evolve in both the...
The World Economic Forum (WEF) has today published its survey on ‘Regional Risks for Doing Business 2020’ which has identified that the top risk concern facing businesses in the Asia-Pacific region today is the spread...
Senior insurance professionals worry that the world’s dependence on online technology has grown so great that it may surpass the industry’s capacity to fully protect it, according to the upshot of a series of interviews...
The capital base of the world's leading reinsurers has remained resilient, after a strong capital markets recovery in the second quarter of this year, says Aon's Reinsurance Aggregate (ARA) report. The capital has rebounded to...
Swiss Re recently listed four COVID-19 challenges impacting life insurers as in-person sales, complicated protection products, paramedical services and going paperless.
Recently, Lloyd’s of London published a report in collaboration with KPMG, titled ‘Protecting intangible assets: Preparing for a new reality,’ in which they urge businesses to pay attention to the new risk landscape that has...
New survey results released by Information Services Group (ISG) revealed that most insurers in Europe expect demand for digital products and services to increase significantly in response to the COVID-19 pandemic.
With corporate bonds constituting a majority of the insurance industry's assets, the balance sheets of insurers are now at risk due to recent coronavirus-induced macroeconomic uncertainty. This finding was revealed in a new AM Best...
According to Goldman Sachs Asset Management (GSAM), global insurers are looking to increase investments in commercial warehouses over office space.
The insurance industry is poised to overcome the COVID-19-induced global recession, according to a report by Swiss Re Institute.
With remote working becoming the norm for many employees due to COVID-19, there has been considerable demand for a change to working practices that could shift the focus of the employee benefits market.
Emerging markets will invest $2.2tn in infrastructure annually over the next 20 years, equal to 3.9% of GDP, according to estimates in the latest sigma report released by Swiss Re Institute.
As the reinsurance sector continues to take a hit from the COVID-19 crisis and other factors, S&P Global’s latest report has revised its sector outlook from stable to negative.
The president of the European Central Bank (ECB), Christine Lagarde, warned earlier this year that a coordinated cyberattack on a major financial institution could cause a “liquidity crisis”. With that in mind, it’s no surprise...
General insurers need to reinvent their products in order to increase the sector's economic relevance amid a new risk landscape. For instance, while fire traditionally has been the biggest risk to property, the COVID-19 pandemic...