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ABI sets out why insurers should take action on nature risks
04 July 2023The UK association has launched a guide to help insurers tackle decline in nature
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IFoA fires climate modelling warning to financial services sector
04 July 2023Models need to better capture risk drivers and uncertainties, an IFoA report has said
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BMA finds insurers falling below capital targets post cyber stress
04 July 2023The Bermudian regulator released results of its prescribed cyber stress tests
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FCA calls out poor practice in UK general insurance market
04 July 2023The regulator has warned it will continue to monitor firms
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Suncorp expects 12% higher reinsurance and natcat budget bill this year
04 July 2023Australasian bancassurer got some relief from joining public reinsurance pool in June
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Zurich's UK chief Tim Bailey becomes ABI president
03 July 2023Clare Bousfield, chief executive for retail and savings at M&G, is appointed deputy president
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US federal regulator decries limited state efforts on climate
03 July 2023Report highlights 20 recommendations for states to follow in climate regulation
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Gallagher Re: "Order restored" at mid-year reinsurance renewals following frustrating 1/1 season
03 July 2023But reinsurance prices climb sharply in Australia and the US
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Cresta puts insured losses from Turkish-Syria earthquakes at $5bn
03 July 2023Cresta said the sequence of earthquakes caused the largest international insured catastrophe losses, in 2023 so far
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UK passes law in a bid to prevent demutualisations
03 July 2023Limited bill allows firms to restrict use of assets