Archive

Higher US SCS losses not a trend, but down to poor modelling, says KCC

Active 2023 season was not an extreme outlier, says catastrophe modelling firm

Gen AI models inherently difficult to explain

The technology is way beyond human brain, challenges notions of transparency and accountability, say IAIS panellists

State Farm seeking 50% homeowners rate rise in California

Request raises questions about company's financial condition, says Ricardo Lara

BoE financial stability report highlights PE-insurer risks

Insurers exposed to illiquid asset shocks as correlations grow

Stable solvency, liquidity and profitability for insurers in 2023, IAIS report finds

But risks have risen on the back of illiquid asset exposure

Climate change not the biggest driver of insured natural catastrophe losses

Forecasting impact of climate remains an inexact science, says Swiss Re's US head of property underwriting

Insurers not always honest in rate filing process, says California commissioner Lara

Regulator is aiming to rebuild trust with insurers and solve insurance crisis

Cyber risk is systematically priced in the capital markets: evidence from the Target cyber-attack

In the second part of their article on quantifying and pricing cyber risk, Tim Freestone and Malcolm McLelland respond to reader queries and share further proof of their theory

Ascot's Steve Guijarro: when to stay old school, or go new school

Ascot's US chief risk officer and group head of exposure management Steve Guijarro talks to Paul Walsh about the fundamentals needed to address extreme weather, the "low hanging fruit" of AI and private equity's increasing influence on insurance

MS Amlin picks Moody's RMS to boost risk modelling capabilities