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Most insurers remain slow to innovate, AM Best finds
05 April 2023Developing an innovative culture is a continuous challenge for firms
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Expect a "huge shock factor" when IFRS 17 is fully disclosed
31 March 2023Panellists at InsuranceERM's IFRS 17 conference discussed stakeholder engagement in initial reporting
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US P&C insurers record $26.5bn underwriting loss for 2022
22 March 2023Most due to auto lines and more severe cats
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"ILS market at a crossroads," says AM Best
20 March 2023Hurricane Ian was a major turning point, rating agency says
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Credit Suisse bond holdings a concern for US insurers
17 March 2023A number of insurers have small size holdings in troubled bank
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Insurers' bond exposure to SVB is limited but equity fallout might hurt
14 March 2023One insurer entity invested 325% of equities in the banking sector, AM Best finds
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Climate is now one of the largest risks for US insurers
28 February 2023Californian storms show insurers are "dealing with a different playing field," AM Best says
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Philippines' Orsa adoption viewed positively by AM Best
24 February 2023 -
Macroeconomic threat to future performance of "stellar" US surety sector
20 February 2023US surety underwriters facing tough macroeconomic conditions, says AM Best
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Turkey-Syria earthquakes: insured losses pegged at around $1bn
09 February 2023Fitch Ratings says economic losses could reach $4bn or more from the tragedy