Archive

US homeowners' $15bn loss in 2023 was worst this century

Migration to natcat-prone US states is fuelling insurer burden, says AM Best

Fitch promotes Harish Gohil to global group head of insurance

Specialist ILS asset managers Twelve Capital and Securis to merge

Insurers must consider level of resources needed for AI risk framework, says Insurance Ireland

Trump can fix US insurance crisis, says Florida's CFO

Biden-Harris, ESG, DiCaprio and FIO all in firing line for exacerbating insurance challenges

Cyber insurers could face largest loss in 20 years from CrowdStrike outage

Insured losses are estimated to be between $400m and $1.5bn, says CyberCube

Australia's health insurers hit 26-year peak in customer numbers in 2023

But S&P Global Ratings warns about return of higher cost inflation

Chubb focused on fighting inflated US litigation environment

The US insurer is looking to pool resources with corporate America to fight tort growth, says CEO

Cyber insurers showcase the opportunity from continuous underwriting

Continuous underwriting has enabled cyber insurers to better understand their liabilities and improve profitability - and it's an approach the rest of the market could copy, as Paul Walsh reports

Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500

Parametrix said the portion of economic losses covered under cyber insurance policies will not be more than 10% to 20%