Archive

  • Lloyd's syndicates forecast higher rates again in 2022

    05 April 2022

    But the average rate of increase is expected to slow, syndicate reports reveal

  • LDTI takes a bite from insurer balance sheets

    18 March 2022

    US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports

  • AIG's climate policy transforms it from laggard to leader

    01 March 2022

    Long-awaited fossil fuel restrictions welcomed by environmental campaigners

  • S&P's capital model review: this could hurt

    23 February 2022

    The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports

  • Soaring cat risk means business model has to change, says AIG's CEO

    18 February 2022

    Cat levels 10 times previous decade and zero profitability from California

  • AIG predicts up to $3bn shareholder equity impact from LDTI

    17 February 2022

    Expectations for it to be at lower end of $1bn to $3bn range

  • Travelers to stop underwriting new coal and tar sands projects

    07 February 2022

    Only remaining majors without coal policy are AIG and Berkshire Hathaway

  • The golden state becomes too hot to handle

    24 January 2022

    Property catastrophe losses in California have soared, with the result that insurers increasingly don't want to underwrite there. Could this be the beginning of a withdrawal from cat perils in other US states? Sarfraz Thind reports

  • AIG appoints Graham Fulcher as international GI chief actuary

    20 December 2021

    Fulcher will join the insurer in a newly created role

  • People moves: HKIA, Brookfield Annuity Company, Munich Re, Zurich, AIG

    17 December 2021

    InsuranceERM rounds up the latest risk-related people moves in the insurance industry