Joshua Geer

GCC insurers find the positives in IFRS 17 implementation

IFRS 17 compliance is tougher for insurers in emerging markets such as the Gulf Cooperation Council. Despite the challenges, the sector is optimistic about potential benefits, as Joshua Geer reports

Insurer coal exclusions to be tested by energy crisis, broker warns

Coal power industry is suffering capacity withdrawal and higher rates, WTW says

Increasing climate costs prompting higher premiums, says DBRS Morningstar

The rating agency reminded insurers to look at the full picture of climate risk

Insurers must be wary of evolving cyber threat, warns Coalition

Cyber insurer says overall volumes of attacks declined in H1, but threat remains high

Gallagher Re appoints Steve Bowen as chief science officer

Ukraine war poses developing cyber risks for insurers

CyberCube says a sovereign Russian internet could lead to cyber criminal safe havens

US life and annuity net income rose over 60% in H1

But AM Best noted the sector's pre-tax net operating gain fell by 18% year on year

European life M&A transaction value reaches $639bn

Fitch Ratings observes geographic shift in leading deal locations

Reinsurers to perform better than direct writers

Inflationary pressures to hit direct writers the hardest, say rating agencies

Typhoon Hinnamnor a major flood loss for South Korea