Archive

  • Allstate gets nod to hike California homeowner rates by 34%

    29 August 2024

    Insurance commission has been looking to fast track rate rises in state

  • Canada's Jasper wildfires caused $650m in insured losses

    28 August 2024

    Wildfires join list of summer natcats pressurising country's insurance industry

  • UK riots won't be major loss this time but insurers face warnings on future

    12 August 2024

    Social media fuelling threat of political violence as insurers urged to pay out quickly

  • Climate models may underestimate impacts of Atlantic hurricanes, warns Aon

    08 August 2024

    Latest findings released from Aon and Columbia University on climate risk

  • US PRT outlook is strong even with rate cuts, says F&G chief

    07 August 2024

    Individual US annuities business will also survive lower rates

  • Earth, wind and fire drive massive H1 insured losses

    31 July 2024

    Munich Re says 60% chance that 2024 will be the warmest in history

  • NAIC spells out private letter definitions as insurer volumes boom

    31 July 2024

    New ratings rules could lead to higher RBC charges for US life insurers

  • Higher US SCS losses not a trend, but down to poor modelling, says KCC

    18 July 2024

    Active 2023 season was not an extreme outlier, says catastrophe modelling firm

  • Gen AI models inherently difficult to explain

    11 July 2024

    The technology is way beyond human brain, challenges notions of transparency and accountability, say IAIS panellists

  • State Farm seeking 50% homeowners rate rise in California

    03 July 2024

    Request raises questions about company's financial condition, says Ricardo Lara