Paul Walsh

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

Insurers must deploy "new age" models to combat wildfire risk

Zesty.ai's Attila Toth said traditional methods miss the true impacts

Direct Line chief bemoans "greater than anticipated" pricing reform impact

The UK general insurer was also severely affected by heightened inflation

"Signals of change" could pressurise commercial insurers, warns KPMG

KPMG said the sector "should not stand still" in the face of challenges

Blockchain consortium B3i files for insolvency

The blockchain insurance venture said there was "not sufficient support" to continue