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Mass shooting insurance rates in U.S. jump as incidents rise

by AIP Online Bureau | Jun 30, 2022 | International News, Non-Life, Reinsurance

Demand for such insurance has risen following recent shootings, including the murder of 19 children and two teachers at a Texas elementary school last month, the United States’ worst school shooting in nearly a decade Active shooter insurance typically covers...

U.S. births rise for the first time in seven years in 2021

by AIP Online Bureau | May 25, 2022 | Data, Eco/Invest/Demography, Health

Americans had the lowest number of babies in more than four decades in 2020 The number of births in the United States grew 1% in 2021 from a pandemic-related low in 2020, marking the first increase since 2014, according to a report by the U.S. Centers for Disease...

Monkeypox infection: first 2022 US case identified in Massachusetts

by AIP Online Bureau | May 19, 2022 | Facts, Health

If you get infected with monkeypox, it usually takes between five to 21 days for the first symptoms to appear. These include a fever, a headache, muscle aches, backache, swollen glands, shivering and exhaustion A case of the rare and potentially dangerous monkeypox...
Ransomware a growing cyber risk for US corporates, financials & Govt: Fitch

Ransomware a growing cyber risk for US corporates, financials & Govt: Fitch

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

In 2021, there were 421.5 mil. attempted ransomware attacks in the U.S. and 623.3 mil. globally, up 98% and 105% YoY, respectively, according to a March 2022 report from the Senate Committee on Homeland Security and Governmental Affairs. Ransom payments are also...

US Cyber insurance sees rapid premium growth, declining loss ratios: Fitch

by AIP Online Bureau | Apr 25, 2022 | International News, Non-Life, Reinsurance, Technology

A sharp increase in 2020 cyber loss ratios promoted substantially higher prices and rapid premium growth in 2021 that exceeded incurred losses, leading to surprising improvement in the cyber direct loss ratios versus the previous year Fitch estimates that standalone...
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