How Many Medicaid Enrollees Disenrolled from U.S. Health Insurance Program?
At least 1,5M Medicaid enrollees have been disenrolled, based on the most current data from 25 states and the District of Columbia
At least 1,5M Medicaid enrollees have been disenrolled, based on the most current data from 25 states and the District of Columbia
$950 mn in lightning-caused U.S. homeowners insurance claims were paid out to 62,000-plus policyholders, with $125 mn of the total
Data brings a great opportunity in the quest to manage unpredictability; it allows insurers to better manage risk and improve insurance underwriting
The current environment is complex: inflation has stayed higher for longer than expected, natural catastrophes cause increased losses
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable loss reserve experience
Swiss Re’s SONAR report reveals that the threats on the horizon develop as dynamically as the technological, geopolitical and social changes
Insurance Top Trends report highlights the importance of digital evolution in the insurance industry and millennial preferences
Insurance market in the United Arab Emirates grows by 13.2%, stemming from regulatory developments and rising insurance premium rates
Rankings of the world’s leading MGA / MGU groups by total revenues derived globally from delegated underwriting activity across all types of insurance
The allure of establishing an international insurance company lies in its potential to reach a more diverse customer base and increase profitability
Global Generative AI in Insurance Market size will be worth $5,5 bn by 2032 from its current size of $346.3 mn, and growing at a CAGR of 32.9%
Homeowners Perception of Weather Risks report provides insights into trends, behavior and how experiencing a weather event impacts
Data can help insurers to reduce their exposure to risk and create more satisfactory experiences for customers
The value of the worldwide market for insurance broking in terms of fees and commissions earned was around USD 151.4 billion
For re/insurance industry, Digital Trust and Artificial Intelligence are vital for business since access to data is the key component behind risk analytics and automation capabilities
Traditional problems Life Insurance industry for decades—such as earnings sensitivity to external factors and opaque risks will remain
Telematics insurance – usage-based insurance, pay-as-you-drive & pay-per-mile insurance, that you can get a discount on your car insurance
Space insurance is roughly divided into four types of coverage. They reflect the phases of most satellite projects – preparing and launching the satellite
New Potential and Opportunity of Telematics. Usage-based insurance is gaining popularity, many motor insurers are beginning to offer it
The P&C insurance industry has experienced challenges in recent years due, in large part, to increases in the frequency and severity of natural catastrophes
Re/Insurers poorly prepared for the increased loss frequency and intensity wrought by flooding and climate change as this year’s North Atlantic hurricane season
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2024
Some experts believe that artificial intelligence (AI) could completely disrupt the insurance industry as we know it. So what does the future hold for insurers?
Insurance companies need to have technology systems in place that don’t just keep things like investment budget or time to market in mind
Growing demand for pet insurance policies and rise in need for financial safety in case of surge in boost the growth of the global pet insurance market
Moody’s survey was to determine the current level of climate integration into their risk management and reporting processes while learning about insurers’ plans in this area
Over the past decade, the global life insurance and retirement industry has experienced increasing instability
The global medical professional liability insurance market was valued at $14.5 bn in 2023, and is projected to reach $33.7 bn by 2031, growing at a CAGR of 10.8%
BigData technology in insurance. Beinsure has collected the opinions of experts for use cases Data Analytics Technology for insurers
The decision to purchase a life insurance policy is a significant step in securing financial stability for loved ones in the event of one’s passing
Total global insurance market premiums grew by 6.1% in real terms to $7,186 trln. The non-life sector posted 5.5% growth, driven by rate hardening in commercial lines
A recent survey pet insurance buyers in the UK about their feelings on pet insurance pricing, availability, products and service offering
The US auto insurance industry had a year to forget as the business line reported its worst underwriting results in over two decades
Internet of Things – key driver of data generation. IoT can provide insurers with valuable insights, potential to predict and prevent risks
Everyone is talking about ChatGPT and how it’s going to revolutionize almost every business sector. The life insurance industry is no exception
Here are a Best insurance marketing strategies you can use to grow your insurance business. Most Effective Marketing for insurance
The volume of mergers and acquisitions (M&A) in the global insurance industry reached its highest rate of growth for ten years, up 9.5%
The life insurance industry is expected to increase at a CAGR of 5.3% between 2019 and 2023. India’s insurance penetration was pegged at 4.2%
Insurance brokers are regulated professionals who act as intermediaries between the insurer and insured, acting on behalf of the policyholder
The intensity and spread of inflation is sending insurance claims costs soaring. Strong rate hardening in commercial insurance lines and personal lines rates support topline growth
Autonomous vehicles will drive the transformation of the motor / auto insurance market, according to Moody’s Investors Servic
Wearable technology like smart watches and fitness devices are changing the way insurers and insureds interact with data, but where has this revolution come from?
According to Insuramore`s global rankings, the TOP-10 P&C (non-life) insurer groups accounted for 25.3% of total P&C gross direct premiums
Political Violence (Re)Insurance Risks are escalating as the world navigates a succession of crises. Economic and geopolitical shocks have dominated agendas
Fitch Ratings does not expect rating implications for U.S. health insurers from the expiration of Medicaid continuous enrollment
FCA review into ESG benchmarks and noted that these benchmarks are poor, and do not provide sufficient information for users to understand the purpose
The aviation re/insurance market has gone through a turbulent few years, with the impact of the COVID-19 pandemic, geopolitical shocks and macroeconomic challenges
The cyber insurance market has seen significant changes, with the segments within the market being more distinct and nuanced than previously experienced
US property and casualty P&C industry underwriting results are likely to improve in 2024 as premium rates rise significantly in underperforming auto
US property and casualty insurance companies had a median price-to-estimated earnings multiple of 12.1x
High demand for global life insurance and increased worldwide risk awareness sparked by the pandemic have encouraged carriers to personalize solutions
Q1 severe weather insured losses should come in at a range of $7 bn to $9.5 bn of insured severe thunderstorm storm losses from hail
As the world is gearing up for a shift to allow environment-friendly electric vehicles, the changing landscape presents opportunities for the motor insurance industry
Policyholders should contact their insurer to obtain the assistance they need. Many claims-filing services are available via either a mobile app or online
Brokers will continue to be a central part of insurance distribution and insurance companies will continue outsourcing insurance distribution
Indian Insurance market stands at $131 bn. The Indian insurance industry grew at a CAGR of 17% over the last two decades
U.S. homeowners’ insurance is poised to post a statutory underwriting loss for reported results, as insurers continue to face above-average catastrophe losses
Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers
Climate change is an overarching global threat and a source of financial risk in the Insurance Sector, according to recent report, the United Nations
Global Insurance Market Report shares the outcome of the Global Monitoring Exercise, the International Association of Insurance Supervisors’ (IAIS’) risk assessment framework