News by subject: Economic News/Analysis

The 2022 net combined ratio for the property/casualty insurance industry was 102.4, with underwriting losses for personal lines partially offset by underwriting gains for commercial lines. The divergence in performance was particularly stark, with...

Today, Brown Brothers Harriman & Co. (BBH) released the results of its inaugural Private Business Owners Survey which found that despite challenging economic conditions, from rising interest rates and inflation to geopolitical tensions, and the labor...

Family enterprise owners and their executives generally do a superb job managing risks to the business?but often don't apply the same rigor when it comes to family and personal risk. And recent substantial hikes in property and casualty insurance...

Experts from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) will offer insights at the "Transforming and Improving Financial Risk Management with International Principles and Standards" event taking place on Tuesday, May 16, at the Melia...

Policymakers and business leaders from around the world are deliberating over how to tackle obstacles to sustainable development during the Islamic Development Bank (IsDB) Group's Annual Meetings underway in Jeddah, Kingdom of Saudi Arabia. Held...

AM Best is maintaining its outlook for Spain's life insurance segment at negative. In its new Best's Market Segment Report, "Market Segment Outlook: Spain Life Insurance," AM Best cites a number of factors supporting its negative outlook, including...

Today, Utah Attorney General Sean D. Reyes appeared before the U.S. House Committee on Oversight and Accountability to provide testimony on the critically important issue of how Environmental Social and Governance (ESG) factors distort the American...

? The median U.S. asking rent rose 0.3% year over year to $1,967 in April?the 11th-consecutive month of slowing growth, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares to a revised...

? Limited inventory and elevated mortgage rates continue to suppress U.S. home sales as we enter the heart of spring, typically a hot homebuying season, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....

In the wake of a significant jump in births following the end of most COVID-19 restrictions, ARC Fertility, a pioneer in innovative fertility treatment options, today called for American employers to explore new ways to offer benefits that support...

Magnittm, the industry-leading integrated workforce management (IWM) platform provider, today released the findings of its Spring 2023 U.S. Labor Market Report. The report revealed significant changes across the talent landscape caused by...

Accurate Group, a leading provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, today released its 2023 U.S. Housing Equity Loan Survey. The survey was sent to 1,000 consumers across the nation in Q1...

The impact on shareholders' equity of transition to the new IFRS 17 accounting standard is considerably more pronounced for life insurers than their non-life counterparts, according to analysis from AM Best. A new Best's Special Report,...

Primerica, Inc. , a leading provider of financial services in Canada and the United States, released a special report titled "Balancing Act: Enhancing Regulation without Compromising Financial Access in Canada." Researched and written by Amy Crews...

The Association for Supply Chain Management (ASCM), the global pacesetter of organizational transformation, talent development and supply chain innovation, today released the findings of its 2023 Supply Chain Salary and Career Report. The annual...

Truckload freight volumes declined and national average spot rates for dry van and refrigerated ("reefer") loads fell for the fourth consecutive month in April, said DAT Freight & Analytics, which operates the industry's largest online freight...

After a challenging period during the pandemic, the consumer lending space has come back stronger than ever in the form of digital, frictionless loans that consumers can access in minutes. According to the J.D. Power 2023 U.S. Consumer Lending...

AM Best will present its current analysis of the European market for delegated underwriting authority enterprises in a market briefing on 15 June 2023 in Milan, Italy. The market briefing will take place from 10:00 a.m. to 2:00 p.m. (CEST) at the...

Despite improved underwriting results and positive net income, the medical professional liability (MPL) insurance segment experienced negative returns and an overall decline in policyholders' surplus due primarily to unrealized losses stemming from...

OneStream Software, a leader in corporate performance management (CPM) solutions for the world's leading enterprises, published its Enterprise Financial Decision-Makers Outlook ? April 2023 semi-annual survey. The survey, conducted by Hanover...

Customer satisfaction in the United States improves for a third consecutive quarter, edging up 0.3% to 73.6 (on a 100-point scale) in the first quarter of 2023. The gain extends a positive streak in the American Customer Satisfaction Index (ACSI®)...

The Investor Movement Index® (IMXSM) increased to 4.74 in April, up from its score of 4.57 in March. The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors...

HouseCanary, Inc. ("HouseCanary"), a national brokerage known for its real estate valuation accuracy, today released its latest National Rental Report, which compares insights from Q1 2022 and Q1 2023 to explore trends shaping the U.S. rental market...

Since building project owners fund, own and operate the completed assets, they can have a major influence on driving key project delivery trends in the construction industry. A new Dodge Construction Network study of large organizations (with annual...

The deteriorating risk environment in many African countries is weighing on (re)insurers, despite their efforts to mitigate the impact of macroeconomic challenges, according to a new special report from AM Best. AM Best-rated (re)insurers operating...

KBRA releases research that identifies workout fees in U.S. commercial mortgage-backed security (CMBS) waterfalls. When a special servicer returns a loan to the master servicer, the special servicer is typically entitled to receive a workout fee...

? Elevated mortgage rates are prompting many homeowners to stay put, resulting in bidding wars as buyers compete for a small pool of homes, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But buyers...

Today, Apartments.com ? a CoStar Group online marketplace ? released an in-depth report of multifamily rent growth trends for April 2023 backed by analyst observations. For the first time since the third quarter of 2021, vacancy rates did not...

The United States public debt rose to $24.8 trillion in 2022, up 11.5% or $2.6 trillion year-on-year. This debt increase funded a range of spending commitments by the Biden administration and accounted for over half the increase in global government...

Citibank, N.A. said today it has raised its base lending rate to 8.25% from 8.00%, effective tomorrow, Thursday, May 4, 2023. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth...

Regional Management Corp. , a diversified consumer finance company, today announced results for the first quarter ended March 31, 2023. "We had a strong start to 2023, as our team skillfully navigated a challenging economic environment," said...

Mark Farrah Associates (MFA), www.markfarrah.com, released a year-end 2022 health insurance segment enrollment update. MFA compared membership between 4th quarter 2021 with 4th quarter 2022 to provide greater insight into enrollment trends for the...

CEO compensation continued its post-COVID upward climb in 2022, according to a new Equilar study. The 2023 edition of the Equilar 100, an annual study of America's largest companies by revenue to file a proxy by March 31, reveals that despite...

Today, in response to requests from stakeholders, 25 food and agriculture groups re-released the seventh annual Feeding the Economy report with new county-level data on the food and agriculture industries' $8.6 trillion contribution to the U.S....

The Latino Data Collaborative Think Tank (LDCTT), the research branch of the Latino Donor Collaborative (LDC), has released the 2022 Full-Year LDC U.S. Latinos in Media Report©, a five-year benchmark that measures U.S. Latino representation in shows...

IT market performance remained patchy in April, with some vendors and resellers experiencing a sharp decline in growth while others continued to benefit from long-term enterprise commitment to cloud, digital transformation and security investments....

Concerns over the actual and prospective solvency levels at what was recently Indonesia's largest domestic reinsurer has limited its ability to write new business and prompted cedants to place coverage elsewhere during the 1 January 2023 renewals,...

Amazon ?Today, Amazon Business, the Amazon business procurement storefront, kicked off its second annual Small Business Month with the announcement of its 2023 Small Business Grants, designed to spur innovation and support the growth of small...

Sica | Fletcher releases the Q1 2023 Agency & Broker Buyer Index. The Index now tracks 22 of the most active acquirers in the insurance brokerage space. The Sica | Fletcher Broker Buyer Index is the most comprehensive report on insurance brokerage...

? One-quarter of homes for sale in Austin, TX (25.8%) have lower estimated monthly housing payments than they would have if they had been for sale a year ago, according to a new report from Redfin (redfin.com), the technology-powered real estate...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPItm) and HPI Forecasttm for March 2023. U.S. home price growth fell to 3.1% in March, the lowest rate...

Embroker, the digital platform making it radically simple to get business insurance, today released insights on startups' financial and risk behavior in 2022 ? amidst surging inflation, geopolitical conflicts, rising interest rates, and a depressed...

Vizient, Inc. released its latest Workforce Intelligence Report today, finding that regular nursing hours have begun to stabilize but continue to be supplemented by overtime and contract labor hours at higher than pre-pandemic levels. The report, a...

The RapNet Diamond Index (RAPItm) for 1-carat polished diamonds fell 2.4% in April. The index declined to 7,159 on May 1, versus 7,543 at the beginning of the year. Other sizes were also weak. RAPI for 0.30-carat diamonds saw some stability, while...

Nearly three-fourths (73%) of companies are prioritizing AI over all other digital investments and with the immediate focus on improving operational resilience in an unprecedented environment, according to a study by Accenture . The report,...

KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers. CLO managers are often evaluated on a tiering of their portfolio based on various metrics. But this evaluation method...

KBRA UK (KBRA) releases research that provides an overview of the proposed policy initiatives under the EU's Green Deal Industrial Plan. This includes the Net-Zero Industry Act, the European Hydrogen Bank, the Critical Raw Materials Act, and the...

AM Best analysis shows that a strong majority of insurance companies understand the importance of enterprise risk management (ERM), with more than 90% of rated insurers possessing frameworks assessed at appropriate or better. However, given the...

The volume of freight shipments moved via truck declined in the first quarter of 2023 by 6.1% year-over-year, according to the latest U.S. Bank Freight Payment Index. This was the fourth quarter in a row where volume has contracted on an annual...

This month's CoStar Commercial Repeat Sale Indices (CCRSI) provides the market's first look at commercial real estate pricing trends through March 2023. Based on 1,164 sale pairs in March 2023 and more than 289,037 repeat sales since 1996, the CCRSI...