north america insurance industry Archives

Property and casualty insurance industry will continue holding strong

December 10, 2013December 7, 2013 Julie Campbell

Moody’s has released its global predictions and has suggested that P&C will remain stable. Moody’s Investors Service Inc. has now released its predictions regarding the global property and casualty insurance industry, and they have designated its future as being “stable” for the next while. This data was first released at the end of last week as Moody’s provided its industry forecasts. Moody’s put out its “2014 Outlook – Global P&C Insurance” report and, within it, the firm showed that property and casualty insurance premiums will be continuing their growth within…

Insurance industry could be massively impacted by large space weather event

June 7, 2013June 5, 2013 Julie Campbell

insurance industry electrical network disruption space weather event

Lloyd’s of London has released a report cautioning that a massive electricity network interruption could occur. According to a new report from Lloyd’s of London, the insurance industry in North America could be highly affected by a severe space weather event, as it could lead to a massive electricity network disruption throughout the continent. The report was called “Solar Storm Risk to the North American Electric Grid” and was released as a caution. It expressed that the insurance industry could find between 20 to 40 million Americans at risk of…