Paul Walsh

Perils increases Turkey earthquake insured loss estimate to $4.4bn

The estimate is over 30% higher than the original forecast

Swiss Re bounces back to $643m quarterly profit

The group reported a $248m loss 12 months ago

AI and bank failures among top concerns for North American CROs

The use of artificial intelligence, implications from banking collapses and people risk concerns lingering are high on the agenda of four chief risk officers, as Paul Walsh reports

PRA reiterates regulatory reforms and competitiveness in 2023/24 business plan

The UK regulator also outlined plans to focus on the continuous impact of claims inflation

Länsförsäkringar appoints Magnus Strömgren as group CRO

Strömgren previously held roles at If Insurance and the Swedish supervisor

Sicsic Advisory strengthens ranks with Philip Salter appointment

US insurers block and moderate access to ChatGPT

RGA's global chief risk officer Jonathan Porter said blocking the tool followed privacy concerns

Inflation prompts near 12% hike in European windstorm insured sums

Perils highlighted the figure as it released its industry exposure database for 2023

ECB and Eiopa call for EU wide natural disaster insurance scheme

European supervisors have published a paper to address the climate insurance protection gap

Hamilton reshuffles risk and actuarial responsibilities after Minesh Shah departure

Shah, previously Hamilton Re's CRO and chief actuary, has joined Hiscox Re & ILS as director of underwriting risk