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Archive
RMS estimates Turkey quake insured loss to exceed $5bn
The road to recovery in Turkey will take several years, warns the catastrophe risk modeller
Moody's acknowledges IFRS 17 CSM has equity characteristics
Rating agency proposes rule of thumb for including CSM in equity calculations
RMS estimates up to $1.5bn insured loss from California flooding
Extratropical cyclones hit the state in December 2022 causing severe infrastructure damage
Finding a consensus on IFRS 17 leverage ratios
Some signs of agreement on how financial leverage will be presented under the new insurance contracts accounting standard are emerging, but options remain open, as Christopher Cundy reports
Direct Line shares fall 25% as inflation and weather claims bite
UK home and motor insurer cancels dividend for 2022
Insurers in Switzerland face mandatory climate reporting
Mandatory climate reporting for insurers will begin in 2025
Moody's warns of significant deterioration in life firms' equity
Increasing interest rates will lead to profound changes in insurers' financials, Moody's said
Direct Line sees motor claims inflation running at 10%
UK court delays are slowing release of prior-year reserves
UK insurers survive sovereign outlook cull
But further UK woes could see Aviva, Axa, L&G and M&G ratings downgraded, says Moody's
The UK gilts crisis: a worry, not a disaster, for insurers
Plunging sterling and soaring gilt yields are buffeting insurers, but longer-term impacts of the government's disastrous "mini budget" are the real concerns, as Sarfraz Thind reports