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Swiss Re's 2020 SONAR report analyzes global issues impacting the P&C and reinsurance industries this year.
As an industry, we need to think bigger and re-evaluate the way companies operate along with the tools they're using.
Positive change happens when insurers tackle societal risk head-on. Now, global warming serves up the industry's greatest ever mitigation challenge.
These trends to watch in 2020 will paint a new picture of home insurance in the next decade.
The transaction is the first catastrophe bond with this specific use-case since the market's inception.
The costliest U.S. weather activity in 2019 made up nearly half of the year's total losses.
There's a huge opportunity for the insurance sector to close a combined record protection gap of $1.2 trillion in 2018 premium equivalent terms.
As more people are being affected by severe storms and flooding, new challenges and opportunities are emerging for claims professionals
IAG, Australia's largest insurer, reported that claims from the bushfire crisis have pushed them over budget by $80M.
Driven by strong winds and searing temperatures, the blazes are forcing thousands to shelter on beaches or flee wildfire-ravaged areas by boats.