Archive

Asset-intensive reinsurance intensively assessed

The NAIC is drawing up proposals to tackle asset-intensive reinsurance as regulators worry about the vast volumes of risk being ceded outside the US. Sarfraz Thind reports

Claims inflation plagued Lloyd's syndicates in 2023

Historical inflation data for best estimate reserves "not likely" to represent today's climate, warns IQUW

Climate campaigners set out fresh demands for insurers in "Dear CEO" letter

Insurers are meeting in Los Angeles for a sustainability summit

California wildfire syndicate posts first 'year loss, but not due to fire

Fires on Hawaii, not in California, made news in Lloyd's syndicate results for 2023

Argo Group promotes Ankit Goyal to chief risk officer

UK motor insurers paid out £1.3m in claims every hour during 2023

Hyperactive hurricane season predicted for North Atlantic this year

Warmer seas and La Niña will prompt well above average hurricanes, TSR and CSU say

Verisk revamps cat risk models

Lancashire's US operation opens for business

The firm says the move represents a "significant expansion" of its international presence

Zurich to stop underwriting new oil and gas projects

"Time to evolve our position," insurer says in Bloomberg interview