Archive

Bank of England warns insurers to prepare for geopolitical risks

Carolyn Wilkins highlights planning, diagnostics and scenario testing as priorities

Strengthening the European industry's cyber resilience

The introduction of the Digital Operational Resilience Act is a positive for Europe's insurers, but compliance remains a challenge. Florence Lustman explains

UK pension risk transfer market gets off to a strong start in 2025

Experts from WTW noted there is an increasing emphasis on insurers' PRT administration capabilities

Natural disasters drive $368bn in economic losses in 2024, says Aon

Climate risk reaches record losses with 60% of damages uninsured

Sustainability functions still siloed in management structures, says Crowe

The consultancy conducted a survey of insurers and financial firms' sustainability operating models

Prudential Financial reinsures $7bn Japanese life block with Prismic Life

Takes Prismic's assets under management to $17bn

Meiji Yasuda applies AI modelling to life policy underwriting

US insurability crisis casts a dark cloud on Europe

Climate-driven losses in the US have led insurers to withdraw coverage. Could the same happen in Europe? Sarfraz Thind reports

New tech is helping insurers model "unimaginably complex" wildfire risk

Better modelling will help bolster future wildfire insurability

Axa Global Healthcare appoints Rob Kurau as CRO