News

  • Paris Agreement "missed a trick" by failing to create standard-setting organisations, says Swiss Re CEO

    16 February 2024

    Christian Mumenthaler said re/insurers' collaboration on net-zero goals, post-NZIA, is problematic

  • Insurers demand more guidance ahead of UK's greenwashing crackdown

    16 February 2024

    The anti-greenwashing rule is planned to impact insurers as soon as 31 May

  • QBE hikes natcat allowance for 2024, even though perils costs in 2023 fell

    16 February 2024

    CEO says he prefers a natural catastrophe budget QBE is less likely to overstep

  • IAG attributes A$49m cut in natcat allowance to government reinsurance

    16 February 2024

    Australian non-life group joined the Cyclone Reinsurance Pool from October

  • NAIC's 2024 priorities include climate risk, AI and financial inclusion

    15 February 2024

    The marketing of insurance products will also be under scrutiny

  • Social inflation puts casualty re/insurers under continued pressure

    15 February 2024

    AM Best says third-party litigation funding continues to drive social inflation in the US

  • Arch Capital boosted by $1.18bn benefit from Bermuda tax reform

    15 February 2024

    The benefit contributed to quarterly net income of $2.3bn

  • PE ownership can sometimes benefit insurers' credit standing, Fitch says

    15 February 2024

    Effect of private financiers' involvement depends on their strategy, rating agency adds

  • US P&C combined ratios tick up in 2023 on climate woes

    15 February 2024

    Insurers will continue increasing homeowner rates in 2024, Moody's says

  • Sompo plans corporate governance overhaul after Bigmotor fraud scandal

    15 February 2024

    Japanese group has spelled out its reform plans to investors