Paul Walsh

Covid-19 creates extra long-term duties for ERM teams

The 15th Annual Survey of Emerging Risks spells out the top hazards for risk management teams

US and European insurers criticise draft ICS-AM comparability plans

APCIA says IAIS plans for global capital standard are not viable

Bermuda regulator sets 2025 deadline for climate risk frameworks

Progress report on implementing climate risk frameworks is expected in annual Orsa

Munich Re boosts reserves for Ukraine war but warns more may be needed

The reduction of Covid-19 losses on a quarterly basis is a positive, added the reinsurer

Inflated claims hit Geico to the tune of $487m in Q2

Berkshire Hathaway's auto insurer highlighted significant cost inflation in automobile markets

Insurtech funding shows signs of small recovery in Q2

Q2 funding stood at $2.4bn, having totalled $4.8bn in Q2 2021

Above average Atlantic hurricane season still likely

Hedge fund hit prompts $278m H1 loss for SiriusPoint

Losses from catastrophes and the Ukraine conflict were also cited

IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

Ida insured losses in Louisiana exceed $13bn