Archive

Mitsui Sumitomo shares telematics with Japanese councils to aid earthquake repair

Globe Life hits back at insurance fraud and bribery allegations

The Texas-based life insurer's stock plummeted over 50% last Thursday in light of the claims

Climate litigation's third wave could leave insurers in deep water

Following two waves of climate litigation since 2004, the third may be more nuanced and insurers must be prepared for its effects, participants at an InsuranceERM webinar on the topic explained. Paul Walsh reports

Asset-intensive reinsurance intensively assessed

The NAIC is drawing up proposals to tackle asset-intensive reinsurance as regulators worry about the vast volumes of risk being ceded outside the US. Sarfraz Thind reports

Legal & General and RGA tie up $700m PRT deal with FirstEnergy

Transaction covers approximately 2,000 retirees

Prudential Financial and RGA secure $5.9bn PRT deal with Verizon

Brickbats rain down on Australia's property insurers at parliamentary investigation

Politicians suggested Australia's insurers had only themselves to blame for a humiliating grilling over responses to 2022's flooding. But insurers said constructing homes in flood plains is not exactly helping, as David Walker reports

US property rate debate rages as natcats soar

Demands for higher rates for homeowners coverage are creating tensions among consumer groups, regulators and underwriters. Sarfraz Thind reports on attempts to sustain the market as natural catastrophe losses mount

Brookfield aims for top tier in US annuity market, confirms UK PRT interest

Asset manager bolstering its insurance base with acquisitions

From the elderly to mountain climbers, Japan's motor insurers identify higher risk drivers

Sector is helping reduce crashes among higher-risk cohorts