News

Fitch ratings change proposals will ease criteria for hybrid debt

Up to 28 hybrid instruments could see upgrade, agency says

US auto rates soar as inflation rocks business

Concern that insurers leverage a crisis to extract excess profits, says consumer group

Fitch revises financial ratio definitions for IFRS 17 and LDTI

Rating agency clarifies treatment of shareholders' equity, premium revenues and combined ratios

Lloyd's unveils letter of credit exposure limits

CFO Burkhard Keese said letters of credit present the most material exposure to the market

Cyber, liquidity and credit amongst key priorities for PRA in 2024

PRA warns of "challenging environment" for insurers as it details year's work

2024 trends: consumer-centricity is no longer a tagline, it's a regulatory imperative

CROs seeking more influential business role, says LCP

The consultancy surveyed over 50 chief risk officers, senior managers and board members

Personal lines to drive growth in US P&C market in 2024

Swiss Re predicts year-on-year premium growth of 7%

US insurance crisis threatens "entire financial system", warns Senator Sheldon Whitehouse

Climate change crisis could spill over from insurance to mortgages and muni bonds

Pricing software firm Hyperexponential raises $73m

Series B round backed by US venture capital firms Battery Ventures and Andreessen Horowitz