94% of Ukrainian Insurers’ Deposits Held in Highly-Rated Banks
The Ukrainian insurance industry is showing a strong focus on financial stability. Out of a total deposit volume of nearly ₴11 bn, a staggering 94.2% is held in highly-rated banks
The Ukrainian insurance industry is showing a strong focus on financial stability. Out of a total deposit volume of nearly ₴11 bn, a staggering 94.2% is held in highly-rated banks
Reduced investment in supply chains lowers their resilience to natural disasters, unexpected technology outages, and political events, increasing the risk
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
The 2024 Atlantic hurricane season officially began and has already been active. Business owners found that 91% identified specific weather or natural hazards as risk
Aon released Global Benefits Trends Study. The study indicates global minimum benefits standards are becoming standard for multinationals
Enhanced cyber risk management strengthens an organization’s resilience against ransomware and other financial cyber attacks
Fitch Ratings upgraded its outlook for the German non-life insurance sector from ‘neutral’ to ‘improving’ due to anticipated better profitability from rising premium rates
The value of the worldwide market for insurance broking in terms of fees and commissions earned was around USD 168 bn in 2023
Insurance alone cannot help protect the region from disruption caused by severe weather events brought by El Niño and La Niña
Forum for Insurance Transition to Net Zero (FIT), a new UN-led and convened structured dialogue and multistakeholder forum
Commercial insurance prices began to rise again, exceeding 5% in the 2023 and further increasing to above 6% by the 2024
The collapse of the Francis Scott Key Bridge near the Port of Baltimore, Maryland is expected to drive up to $4 bn in insured losses
With artificial intelligence practically impacting all aspects of everyday life, the number of insurance gaps when using AI has staggered in recent years
World’s most valuable insurance brands retain their ranks through innovation and adaptability strategies. Brand Finance compiles a Sustainability Perceptions Index
The world’s most valuable life insurance policy has been taken out by an individual customer of HSBC Life in Hong Kong, according to Guinness World Records
Are you ready to travel to Dubai? Even though it’s typically safe to go to the United Arab Emirates, unanticipated events might occasionally occur and ruin your holiday
The top risks for the insurance industry reflect the sector’s rapidly changing nature while at the same time reinforcing its critical role in protecting global businesses
The risk environment for the mobility sector continues to grow in its scope and complexity. Whether dealing with global supply chain issues against an geo-political backdrop
InsurTech companies rank among the top-performing US insurance stocks in early 2024. The US insurance technology space has grounds for optimism
Climate change will have a larger impact on economic losses in the future, according to Swiss Re Institute. A new analysis of 36 countries ranks
Council and the Parliament have reached a provisional agreement on amendments to the Solvency II directive, the EU’s main piece of legislation in the insurance area
Though the stock market is still driven by enthusiasm for artificial intelligence, businesses devoted to insurtech, or the revolution of insurance through technology
Insurance Digital Transformation refers to the comprehensive integration of digital technologies into all areas
In the era of digital transformation, the insurance sector has observed a paradigm shift in the creation of value. Digital data, now form a significant part of the economic value
The Lloyd’s report examined the semiconductor sector’s risk challenges and aimed to spark product innovation through outlining the opportunities to develop new supply chain
Insurers specializing in commercial and personal lines experienced an enhancement in their underwriting outcomes compared to the previous year
Insured losses from the 7.6 magnitude earthquake that struck the Ishikawa prefecture on the Noto Peninsula, Japan, on 1 January 2024 are likely to be small
U.S. property and casualty insurers will see some relief in 2024 year following a rough 2023 as a personal auto line recovery contributes to statutory profit improvement
The IAIS performed trend analysis on insurance data and used the outcomes for the overall assessment of evolution of systemic risk
IAIS published its Global Insurance Market Report (GIMAR), sharing the outcomes of this year’s Global Monitoring Exercise