Market News

Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh. In a global survey of senior executives, two-thirds ranked cyber security among their organizations' top five risk management priorities. Read More

Fortinet®, a cyber-security solutions provider, has announced the findings of its latest "Global Threat Landscape Report." The research reveals that attacks per firm have increased over the previous quarter. In addition, automated and sophisticated swarm attacks are accelerating, making it increasingly difficult for organizations to protect users, applications, and devices. Read More

According to the latest Willis Towers Watson "Property Market Update," commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017's record natural catastrophe-related losses. Nonetheless, abundant risk transfer capacity in the form of traditional and alternative capital is dampening the potential for widespread market firming. Read More

In its latest market report, "2018 USI Insurance Market Outlook," USI provides perspectives on the importance of last year's natural disasters and other market pressures. The report gives viewpoints on multiple factors, including market capacity, costs of coverage, and how the increased use of underwriting data analytics impacts insureds. Read More

Look back at the changes the National Association of Insurance Commissioners (NAIC) implemented in 2017, courtesy of Johnson Lambert LLP, and then look forward, based on the NAIC's recently released strategic plan. Read More