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Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.
The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.
Population growth and development in storm-prone areas dwarfs the benefits of enhanced building codes.
Higher interest rates are translating into higher returns on insurer investments, according to the Swiss Re Institute.
Insurance technology news from Insurity, One Concern, Cover Whale Insurance Solutions and more.
The latest insurance industry personnel news from Verisk, Embroker, Nationwide and more.
Growing use of artificial intelligence and machine learning is opening up new lanes of vulnerability.
The latest insurance industry personnel news from Accretive Insurance Solutions, Swiss Re, Hiscox and more.
Risk management and insurance organizations must stay committed to moving forward with innovation and strong leadership.
If Swiss Re's prediction for 2023's ROE materializes, it would mark the strongest YoY improvement since 2009.
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