News

  • US homeowners' $15bn loss in 2023 was worst this century

    26 July 2024

    Migration to natcat-prone US states is fuelling insurer burden, says AM Best

  • Trump can fix US insurance crisis, says Florida's CFO

    25 July 2024

    Biden-Harris, ESG, DiCaprio and FIO all in firing line for exacerbating insurance challenges

  • Cyber insurers could face largest loss in 20 years from CrowdStrike outage

    25 July 2024

    Insured losses are estimated to be between $400m and $1.5bn, says CyberCube

  • Australia's health insurers hit 26-year peak in customer numbers in 2023

    25 July 2024

    But S&P Global Ratings warns about return of higher cost inflation

  • Chubb focused on fighting inflated US litigation environment

    25 July 2024

    The US insurer is looking to pool resources with corporate America to fight tort growth, says CEO

  • Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500

    24 July 2024

    Parametrix said the portion of economic losses covered under cyber insurance policies will not be more than 10% to 20%

  • German insurers dispute natcat recalibrations in Solvency II standard formula

    24 July 2024

    Trade association GDV gives feedback on Eiopa's proposals

  • Global protection gap hit record high of $1.83trn in 2023, says Swiss Re

    24 July 2024

    The reinsurer has published its sigma resilience index report

  • Japanese insurers unwind cross-asset holdings to prevent conduct risks

    24 July 2024

    MS&AD and Tokio Marine reduce holdings in Toyota, and vice-versa

  • IFoA offers ethical AI training in collaboration with CISI

    24 July 2024

    The course has five modules, including one on risk management in AI