P&C premiums are projected to almost double over the next two decades due to climate risks, according to a new report by Swiss Re. For risk and insurance professionals able to provide relevant insurance products, the expected jump provides an opportunity – and a need – to innovate their offerings to support the escalating property risks.
There are still many questions surrounding how COVID-19 will affect business interruption insurance claims, and analysts are split on if/how claims will be honored as...