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Global air passenger volume will surpass pre-pandemic levels in 2024, Airports Council International (ACI) predicts.
One in five ultra-wealthy individuals plan to invest in real estate during 2024, according to Knight Frank.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.
The Chinese recall, which will be fixed with an over-the-air update, is similar to one taking place in the U.S.
According to CRESTA, the largest international loss event was a sequence of earthquakes that hit Turkey in February.
The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.
U.S.-based companies accounted for 20 of the top 50 largest nonlife insurers worldwide.
Natural disasters continue to be the leading driver of business interruption claims, Allianz reports.
The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.
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