Archive

Taiwan's life insurers face capital pressure

Perils increases Italy's Emilia-Romagna flood insured loss estimate by 30%

Total economic losses from the flooding in are estimated at €9bn

Cannabis insurance still among the weeds

Joint underwriting associations are one solution, says NAIC

AM Best: global reinsurers remain well capitalised

It expects reinsurers to generate underwriting profits that had previously been elusive

Tropical storm Hilary wreaks havoc in southern California

Hilary made landfall on the coast of Mexico yesterday and around 26m people are now under flood warnings

IAG oversteps natcat budget again, boosts next allowance by 26%

One-fifth of premiums now covering reinsurance costs and perils allowance

Canopius's Sheldon Lacy: risk functions connect the dots, so the business can thrive

The speciality re/insurer's CRO discusses with Ronan McCaughey how a structured programme of transformation has impacted the risk function, and how it's making progress on climate risk and DEI

US flood market topped $4bn in 2022 as private insurance share grows

Private insurers now 32% of market as NFIP challenges continue, says the Insurance Information Institute

H1 bulk annuity volumes surpass £20bn

The volumes exceed the previous record of £17.6bn set in 2019

Geoff Gittins becomes Manulife Asia CRO after Aravind Srinivas departure

Srinivas returned to Munich Re for a second spell earlier this week