Tag: insurance industry report

Insurance-linked securities showing strong results

S.Vagus
insurance industry report

Aon reports insurance-linked securities performing well despite economic turmoil Aon Benfield Securities, the investment banking division of the global reinsurance organization, has launched the latest edition of its annual report on insurance-linked securities. Insurance-linked securities are financial instruments whose value is determined by insurance loss events. In its latest report, titled “Evolving Strength 2012,” Aon highlights a number of key trends it has observed over the past year. These trends range from the frequency and severity of natural disasters to the issuance of catastrophe bonds. Catastrophe bond issuance on the…

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International Insurance Review released by Globalsurance

S.Vagus
International Insurance fund news

First annual International Insurance Review report released Globalsurance, an international insurance information organization, has announced the results of its first International Insurance Review. The report, which is to be released annually, aims to study the rate of premium inflation within the international private medical insurance (iPMI) industry. The first edition of the International Insurance Review makes use of 7,916 data points provided by eight leading companies in the international medical insurance industry over the past 5 years. Using this data, Globalsurance has determined that insurance premiums around the world are…

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Disability insurance becomes more complex and expensive

Employee disability benefits, as is the case with virtually every other kind of workplace benefit, has become an expense that workers are beginning to need to pay for and manage – at least to some degree – themselves. Now that the 2012 open enrollment season has begun, an increasing number of employers are requesting that workers take on some of the financial burden for some of the more high-end forms of disability protection. Mercer benefits consultant partner, Rich Fuerstenberg, said that he has been witnessing a gradual trend toward workers…

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Report calls for more action from consumers to help mitigate the costs of natural disasters

Nordstrom

This year has been host to a large number of natural disasters that have born a heavy price tag to the insurance industry. While natural disasters may not be happening more frequently, they are certainly happening in areas of dense population, making the damage they cause astronomical. Consumers often look to the insurance industry to provide protections against natural disasters, but the industry can only do so much. A new report from the University of Pennsylvania’s Wharton School suggests that government policy, as well as consumer initiative, may significantly reduce…

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Insurance survey shows consumers unclear about what they really have

S.Vagus

A new survey from Accenture, a managing and technology services company, has been released. The survey draws upon the experience of 7,000 people across 13 countries regarding their satisfaction with the insurance industry. The worldwide industry has come under a fair amount of scrutiny recently for glorifying insurance policies that are far less than what they claim to be. Accenture’s survey reveals major gaps between what customers expect to receive from insurers and what they are actually getting. According to the survey, 84% of respondents said that they were satisfied…

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