By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-I’s latest Issues Brief. It was the ninth year in a row of net underwriting profit following eight years of net underwriting … Read more
The KlimaSeniorinnen case, decided by the European Court of Human Rights (ECtHR) on April 9th, 2024, marks a turning point in climate litigation and the interplay between human rights and environmental law. In its judgment, the ECtHR held that Switzerland’s failure to adopt sufficient climate measures violated Article 8 of the European Convention on Human … Read more
A ransomware attack on Blue Yonder, one of the world’s largest supply chain software providers, is causing ongoing disruption to operations at a number of major U.S. and U.K. stores and retailers. Arizona-based Blue Yonder, which was acquired by Panasonic in 2021, said in a statement on its website on Friday that it had experienced … Read more
Digital transformation challenges BCG’s Bruce Henderson Institute has found that up to 75% of transformations fail to meet their goals. Some of that may be due to misguided efforts, but Ellmer and others point out that organizations must contend with many challenges as they seek to transform. “The Path to Digital Transformation: Where IT Leaders … Read more
The Qorus-Accenture Innovation in Insurance coverage Awards prides itself on celebrating the world’s main innovators within the sector. The awards’ final accolade – the World Innovator 2022 – acknowledges an insurance coverage enterprise that not solely manifests innovation in recent, thrilling methods, however lives innovation via its technique and everyday practices. This yr, there was … Read more
