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IFRS 17 is "two steps forward, one step back" for insurance accounting
03 July 2024Updated standard removes asset-liability mismatch, but impedes comparability, says S&P
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GenAI could mean a 10%-30% boost for insurers' risk functions
03 July 2024Consultancy McKinsey says the insurance sector is still defined by manual processes and legacy systems
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Insurance Europe says IAIS recovery and resolution proposals overreach
03 July 2024Federation urges jurisdictions given flexibility and risk-based focus for planning requirements
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State Farm seeking 50% homeowners rate rise in California
03 July 2024Request raises questions about company's financial condition, says Ricardo Lara
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Extreme heat cost California $7bn in last decade, says insurance department
03 July 2024Peril is not well covered by insurance, according to CDI report
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Lemonade reveals impact of Israel-Hamas conflict on operations
03 July 2024Dutch division of US insurer has about 300 employees in Israel
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Electric grid risk exposure is charging up, warns Swiss Re
02 July 2024The reinsurer says insurers can be long term protection allies for energy companies
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BoE financial stability report highlights PE-insurer risks
02 July 2024Insurers exposed to illiquid asset shocks as correlations grow
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Cat reinsurance pricing dips at mid-year renewals, as providers return with confidence
02 July 2024Positive developments for reinsurers that began during 2023 have continued in 2024
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Cat 5 Beryl sets the tone for an intense Atlantic hurricane season
02 July 2024But insurers should not be surprised by the hurricane's emergence