2020 Insurance Fact Book Includes New Section On Emerging Risks
Published on January 8, 2020
The Insurance Information Institute (Triple-I) 2020 Insurance Fact Book is now available.
The 234-page digital publication features facts, figures, statistical tables, and charts on U.S. and global insurance markets. It also includes detailed data on direct premiums written and factors affecting U.S. auto, homeowners, and business insurance costs.
Three unique insurance risks—cybersecurity, extreme weather, and social inflation—are highlighted in a new section called Emerging and Evolving Insurance Issues. Other new components include:
information and charts on storm surge risk; marijuana use and workers compensation; and special insights from the 2019 Small Business Cyber Insurance and Security Spotlight Survey conducted jointly last year by Triple-I and J.D. Power.“As we welcome a new decade, the challenges before the insurance industry are vast,” said Triple-I CEO Sean Kevelighan. “The catastrophic shock and losses from the last few years, from California wildfires and the Atlantic hurricane season, are telling. What the last decade has foreshadowed could be, as some say, the new abnormal. Our new Insurance Fact Book reflects the new risks insurers face.”
The 2020 Insurance Fact Book is available for purchase from the Triple-I’s online store. Copies may be obtained free of charge by Triple-I member companies and associate members via the Triple-I’s members-only website. Previous editions have been popular with policymakers, journalists, academics, business leaders, and others.
