Ronan McCaughey

Pennsylvanian insurers receive regulatory guidance on AI

It is based on the model bulletin adopted by the NAIC in December 2023

PoloWorks recruits Raphael Borrel from CNA Hardy for CRO role

Scor appoints Chantal Bond to head of global reserving centre

Argo Group promotes Ankit Goyal to chief risk officer

Ransomware is back on the rise, and boosted by AI, warns Munich Re

The reinsurer also experts anticipate a sharp increase in business email compromise attacks

Prudential Financial data breach hits over 36,000 people

The insurer believes a cybercrime group carried out the attack

PIC seals £870m bulk annuity deal with the De Beers UK pension scheme

Eiopa stress tests insurers against rising geopolitical risks

The exercise involves 48 insurers from 20 EU member states

US pension risk transfer volumes reach $45.8bn in 2023

Second highest annual figure on record, according to Limra

Baltimore Bridge insured losses could hit $4bn, says Morningstar DBRS

The incident could amount to one of the largest marine insurance losses in history, says Lloyd's chief