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Since 2012, the growth rate of skilled craftspeople entering the workforce has slowed, with certain sectors such as carpentry seeing declines.
If Swiss Re's prediction for 2023's ROE materializes, it would mark the strongest YoY improvement since 2009.
These nine states had the highest percentage of adults displaced by NAT CAT events in 2022.
Earthquakes cannot be accurately predicted or prevented, but their damages can be mitigated with careful planning.
Factory Mutual paid Samsung $126 million of the $400 million claim, citing policy exclusions for events that occur off the insured property.
In 2021, there were a reported 236 winter weather related deaths in the U.S.
In 2023, insurers in the Asia-Pacific region will continue to combat their exposure from risk related to the ongoing war in Ukraine, GlobalData says.
Renewable energy assets are not like other commercial property assets, presenting new underwriting challenges and talent needs.
Decreased profits can stem from a lack of granular, accurate information about potential hazards and exposure to loss at each insured location.
A soon-to-be-released report shows growers of citrus, vegetable and horticultural crops took the biggest hits from the storm.