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Price hikes are moderating, new carriers and fresh sources of capital are emerging and coverage is becoming more affordable.
The firm has executed several buyback programs totaling about €3.2 billion over the past two years.
It behooves both private and commercial drivers to avoid traffic jams whenever possible.
Insurers must identify those highly probable and high-impact, yet often neglected threats.
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.
Insurance pros should review relevant cybercrime coverages with their commercial clients, Lockton suggests.
The annual profit margins of insurance companies are getting squeezed, even as premiums are going up for products like home insurance.
Among victims of ID theft in the past 12 months, 46% said they would have liked more assistance in handling the problem but didn't get it, according to the Identity Theft Resource Center.
Insurance agents who go after the builders risk market would do well to follow its economic trends.
Afficiency CEO Mark Scafaro says the best outcomes are realized when agents are equipped with the right digital tools.