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| | | | | | | Shaping a more balanced world | | | | For 50 years, Munich Re has taken a leadership role in combating climate change in order to contribute to a more sustainable world. | | | | | | | | Munich Re US | | |
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| Today's Headlines | March 22, 2022 |
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We've all heard the corporate mantra, "The customer is at the center of everything we do." While admittedly cliche, it's not a mantra to be taken lightly by companies in the insurance industry. When organizations use this tagline, what they often fail to acknowledge is that the customer's needs are not fixed. Whether it be... read more | | |
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A realistic estimate of aviation insurance and reinsurance losses for the grounding of planes in Russia falls in the $5-$6 billion range, but a worst-case estimate of $10 billion would be the biggest in history, Fitch Ratings said. In a media statement yesterday, Fitch noted that there are more than 500 plane stranded in Russia... read more | | |
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Increasingly large and dangerous wildfires are being driven by the effects of climate change and more building in the wildland-urban interface (WUI), and while that notion may not be entirely new, the scope of the increase laid out on Thursday by a group of actuaries was noteworthy. Members of the American Academy of Actuaries Extreme... read more | | |
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Insurance broker Marsh announced the launch of its Environmental, Social and Governance (ESG) Risk Rating, an assessment tool that can measure an organization's ESG performance, enabling it to improve its ESG risks and gain access to additional insurance market capacity. Measured against more than 10 internationally recognized standards and frameworks published by leading organizations—including the... read more | | |
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The U.S. securities regulator on Monday unveiled a landmark proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions, part of a push by President Joe Biden's administration to address financial risks created by global rising temperatures. The long-awaited U.S. Securities and Exchange Commission (SEC) draft rule should help investors better understand... read more | | |
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A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a vulnerability in Microsoft Corp.'s Windows and using artificial intelligence technology to create fake LinkedIn profiles, Alphabet Inc.'s Google found. The group, which Google refers to as Exotic Lily in research published Thursday, is known as... read more | | |
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Car ownership app Jerry launched its auto refinancing service, available exclusively in the Jerry app. An estimated 26 million Americans are in a position to be highly motivated to refinance their auto loans, according to a recent study conducted by TransUnion. In Q4 2021, average used car loans hit a record-high of $29,913. With average... read more | | |
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| | Today, there are four major forces that are putting pressure on the property ... read more | |
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| | Recent studies indicate that consumers are willing to switch insurance ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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| | Michael DeGusta (who started his career at Apple.com and later co-founded the ... read more | |
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| | This must-read white paper illuminates the role technology plays in solving two ... read more | |
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