Archive

Sustainability compliance "even bigger" challenge for insurers than IFRS 17

Insurance Europe's Philippe Angelis said sustainability disclosures are a "transformational project" for the industry

California to extend cat modelling use in bid to avoid coverage crisis

The move is the next part of the state's sustainable insurance strategy

Axa Climate to work with Reask on parametric windstorm insurance venture

Chubb CEO Greenberg explains Trump surety bond decision

Greenberg said providing the bond has nothing to do with "favouring any of the parties in the case"

Allianz rejected 34 insurance deals in 2023 due to sustainability risks

"Sustainability is being treated like finance," says an Allianz board member

Direct Line rejects improved bid from Ageas

Second proposal adds just 3% to first bid, says UK insurer

Australian insurance council backs government climate risk assessment and reiterates need for action

Government report warns of insurers withdrawing coverage from parts of country due to climate change

P&C growth powers Generali to record net profit for 2023

The P&C operating result grew by nearly 16% year on year

Japanese non-life firms to avoid major financial fallout from motor scandal

S&P Global Ratings assesses the outlook and trends shaping Japan's insurance sector

Chubb subsidiary provides $91.6m bond to Trump for appeal in E Jean Carroll case

The former US president had been ordered to pay $83.3m in defamation damages