News

  • Risk Rating 2.0 "causing havoc" for US flood insurance

    02 November 2021

    Senator Bill Cassidy accuses NFIP's new flood insurance model of raising rates

  • IAG hikes natcat budget by 37% after stormy weather

    02 November 2021

    October storms in South Australia and Victoria add to claims burden

  • Solvency filings underpin Covéa's rationale for Partner Re acquisition

    01 November 2021

    French group wants to buy Bermudian re/insurer for $9bn

  • Storms trigger Australian catastrophe amid calls for relaxing Covid bans

    01 November 2021

    The ICA said around 36,000 claims had been lodged so far

  • US senator warns of "massive risk" from fossil fuel underwriting

    29 October 2021

    AM Best research shows few US insurers are fully implementing ESG into underwriting

  • IASB expands scope for IFRS 17/9 fix

    29 October 2021

    A proposal to offer relief was consulted on earlier this year

  • European wildfire risk needs loss modelling innovation

    29 October 2021

    Guy Carpenter's Jessica Turner said wildfire risk in Europe is receiving more scrutiny

  • Lloyd's joins Net-Zero Insurance Alliance

    29 October 2021

    The market is also creating a framework to measure progress towards net zero underwriting

  • UK insurers welcome government's tax treatment of IFRS 17

    28 October 2021

    A consultation on the issue will follow

  • PRA says capital charges are wrong tool to address climate change's causes

    28 October 2021

    But regulator acknowledges capital regimes can help combat consequences of global warming