Swiss Re: crop insurance protection gap totals $113bn
Reinsurers expand their risk radars, but usual suspects aren't far away
The emerging risks identified by reinsurers at the annual Rendez-Vous de Septembre (RVS) event included some familiar foes and new additions, but all are being targeted with confidence. Paul Walsh reports
Insurers welcome finalised TNFD recommendations
Taskforce on Nature-Related Financial Disclosures guidance issued this week
The financial industry has neglected nature, says Swiss Re's Reto Schnarwiler
Butch Bacani adds that most PSI members have yet to properly consider nature risks
RVS 2023: 20% annual cyber market growth dependent on delineation of attacks
Swiss Re's P&C chief Urs Baertschi stresses "the big [cyber] events haven't really happened yet"
German insurers take €900m storm hit in August
RVS 2023: Scor urges patience with AI deployment
Thierry Léger stressed "everyone is just at the beginning" with applying AI tools
RVS 2023: Inflation still key macroeconomic risk for insurers, warns Swiss Re
The Swiss reinsurer warned high inflation could persist for next two years
Allianz joins carbon accounting group PCAF
Partnership for Carbon Accounting Financials now has 18 insurer members
Repeat of Great Kanto Earthquake could cost insurers up to $150bn
Swiss Re and Moody's RMS analyse risks on 100th anniversary of Japan's deadliest earthquake