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The US climate split
25 April 2022The knives are out on what US insurers need reveal about their climate-related exposures. Sarfraz Thind reports
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Insurers cannot "simply deny" coverage for fossil fuels, Chubb's CEO says
20 April 2022Greenberg says move out of fossil fuels dependent on development of alternatives
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Chubb's Q4 down slightly but insurer has one of its best ever years
02 February 2022Predicting the pandemic was a "fool's errand," says CEO Greenberg
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Insurers decry California's proposed wildfire model regulations
11 November 2021Industry argues wildfire insurance rules will stifle innovation and hit participation
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US cyber market grew 29% in 2020 but remains miniscule overall
10 November 2021The cyber line accounts for just 0.4% of overall P&C premiums, NAIC finds
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Current cat losses are unprecedented for industry, says AIG's Zaffino
08 November 2021Climate change has seen historic losses as industry grapples with new normal
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FSOC climate report: more talk than action
01 November 2021US Federal authorities released their much-awaited report on climate risk in the finance industry. Though comprehensive on current practices, the report treads lightly in its recommendations for what should be done. Sarfraz Thind explains
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US senator warns of "massive risk" from fossil fuel underwriting
29 October 2021AM Best research shows few US insurers are fully implementing ESG into underwriting
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Climate change impact is "evident in industry results," says Chubb's CEO
27 October 2021Insurer posts strong underwriting results, but takes $1.1bn cat hit in Q3
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Oil and gas: a soaring risk
11 October 2021After coal, the oil and gas sector is lining up to be the next focus of insurer divestment. But can US insurers really afford to chop this all-American sector from their businesses? Sarfraz Thind reports