News

• Pandemic risk pools should be quick fixes, not all-encompassing

  14 October 2020

  Industry experts at Iftrip event said pandemic risk is too complex and costly to be addressed wholesale

• AIR Worldwide forecasts up to $3bn insured losses from hurricane Delta

  14 October 2020

  Damage exacerbated due to Delta following hurricane Laura

• Expect insurers to integrate climate change in Orsa, IAIS tells supervisors

  14 October 2020

  IAIS launches consultation on supervision of insurers' climate-related risks

• Affordability of insurance is Australian regulator's biggest climate concern

  14 October 2020

  Apra says insurers must discount premiums meaningfully for homeowners undertaking mitigation

• AIG promotes Ronald Reeves to chief diversity officer

  14 October 2020

  Reeves also co-chairs AIG's newly established executive diversity council

• Bermudian insurers forecast heavy Q3 natcat hits

  14 October 2020

  RenaissanceRe, Axis Capital and Arch Capital estimate large Q3 losses including from fires and hurricanes

• UK insurers extend Covid-19 support

  13 October 2020

  The measures cover people working from home due to the pandemic, as well as drivers

• Cyber scenarios "beyond insurability" must be clearly defined

  13 October 2020

  Industry panellists warn risk pools may not help to cover extreme cyber risks

• Maintaining focus on terrorism risk provides "good PR" for insurers

  13 October 2020

  A strong terrorism focus can show the sector's societal contribution, industry panel hears

• MUA picks Moody's Analytics for IFRS 17

  13 October 2020

  Moody's Analytics will help the Mauritian insurer with IFRS 17 reporting requirements