Archive

Climate is now one of the largest risks for US insurers

Californian storms show insurers are "dealing with a different playing field," AM Best says

Philippines' Orsa adoption viewed positively by AM Best

Macroeconomic threat to future performance of "stellar" US surety sector

US surety underwriters facing tough macroeconomic conditions, says AM Best

Turkey-Syria earthquakes: insured losses pegged at around $1bn

Fitch Ratings says economic losses could reach $4bn or more from the tragedy

Turkish earthquake intensifies pressure on local reinsurers warns AM Best

Rating agency said the market suffered significant deterioration in 2022

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

US life firms biding their time on fresh debt issues

AM Best says life and annuity insurers are curbing their appetite for long-term debt

Crypto insurance after the FTX fallout

FTX's collapse capped a bad year for cryptocurrency markets and has prompted serious questions for the burgeoning crypto insurance business, as Sarfraz Thind reports

Governance is top ESG risk for insurers, says AM Best

Climate and regulation are also areas of ESG concern, according to rating agency

NFIP suffered biggest ever flood loss from hurricane Ian

Private flood insurance market rose 42% in 2021, AM Best finds