News

  • Hurricane Ian set to cost insurers up to $47bn, CoreLogic estimates

    30 September 2022

    Ian is the costliest storm to hit Florida since 1992's hurricane Andrew

  • ESRB issues first "general warning" of systemic risk levels in Europe

    30 September 2022

    Probability of tail risk scenarios is increasing, says EU authority

  • Insurers at risk of mis-modelling Ian's storm surge in Florida, says Guy Carpenter

    30 September 2022

    Complex coastal canal networks make modelling tough

  • IR&C Americas: US insurers reveal the impact of the Great Resignation

    29 September 2022

    Conference attendees were also polled about the changes to working practices in the post-Covid era

  • Re/insurers may "lose relevance" if cyber cover demand is not met

    29 September 2022

    Munich Re's chief cyber underwriter Jürgen Reinhart said re/insurers must create sustainable growth conditions

  • FCA urges insurers to protect customers during cost-of-living crisis

    29 September 2022

    The UK regulator urged insurers to provide support to vulnerable customers and prioritise access to fair value products

  • Global natcat average losses doubled to $100bn in last five years

    28 September 2022

    Insurer models have accounted for increase, says Verisk

  • IR&C Americas: Stagflation frightens insurers more than a recession

    28 September 2022

    US chief risk officers and chief investment officers explain why stagflation would be painful

  • Zurich CFO welcomes "unexpected benefits" of IFRS 17

    28 September 2022

    George Quinn forecasts a smooth transition to the 2023 accountancy standard

  • "Extremely dangerous" hurricane Ian strengthens to category 4

    28 September 2022

    It is predicted to hit Florida this afternoon and cause catastrophic wind damage