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Technology Triple-I 2021 Joint Industry Forum

Cyber insurance is projected to grow because it has been largely profitable for insurers, panelists said Dec. 2 at the Triple-I’s Joint Industry Forum in New York. Check out Triple-I’s Facts + Statistics on cybercrime.

FACTS + STATISTICS

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About the Industry State of the risk: Triple-I issues briefs

The risk landscape is always changing. Triple-I Issues Briefs are designed to provide timely snapshots of specific risk areas, as well as insurance-related issues and trends. As this library grows and individual briefs are updated to reflect recent developments, you’ll find a ready resource for your own research or to inform conversations with industry professionals, policymakers, media, and policyholders.

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Insight + Analysis

2021 Q4: P/C underwriting profitability forecast from Triple-I/Milliman

In a Triple-I members-only webinar, P/C Underwriting Projections: 2021-2023, Triple-I and Milliman actuaries revealed that the industry will run at an estimated 101 combined ratio for 2021, putting pressure on rates & profitability. See also Triple-I Blog.


I.I.I. Glossary

TERRORISM COVERAGE- Included as a part of the package in standard commercial insurance policies before September 11, 2001 virtually free of charge. Since September 11, terrorism coverage prices have increased substantially to reflect the current risk.

LIFE INSURANCE- See Ordinary life insurance; Term insurance; Variable life insurance; Whole life insurance

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Thought Leadership

I.I.I. News Wire

Triple-I: 2021 Atlantic Hurricane Season Generated Above-Average Activity

For immediate releaseFlorida Press Office: Mark Friedlander, 904-806-7813, markf@iii.org     ST. JOHNS, Fla., Nov. Read More

Triple-I Report Finds Insurers Are Managing Economic Volatility

For immediate releaseNew York Press Office: Michael Barry, 917-923-8245, michaelb@iii.org   NEW YORK, Nov. 22, 2021—U.S. Read More

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