ITAS and Poste Vita buy mass lapse reinsurance after surrenders jump
Deals boost capital position as life insurers face competition from other products
Chubb's shareholder resolution on emissions targets gets 30% support
Around 17% of shareholders also supported a proposal to increase scrutiny of human rights in underwriting
US state attorneys general warn NZIA members over legality concerns
The attorneys general said commitments have led to negative effects in various US states
Danish regulator consults insurers on data ethics framework for AI
Finanstilsynet warns against "ethics-washing"
MLC Life and AMP Life fined A$28m for governance and conduct breaches
Australian insurer AMP levied dead policyholders for premiums
US risk experts map out wish list to mature cyber market
Speakers at the NAIC international insurance forum in Washington DC shared their insights
Sanctions and discontinued business cut Munich Re's underwriting GHG emissions
The reinsurer also explained the major climate risks affecting its business
Mitiga Solutions raises €13m to develop physics-based climate risk modelling
Investors in series A include Microsoft Climate Innovation Fund
Game theory shows cyber insurance need not encourage ransomware payments
But insurers must push for greater cybersecurity controls among insureds
US bulk annuities market hits $6bn volume for Q1
Legal & General Retirement America estimates new Q1 record, and $23bn of annuities to close in H1