Archive

  • US crop insurance premiums to wilt further

    26 July 2024

    Drought continues to impact the sector, says AM Best

  • Japan's general insurers call for increase in special natcat reserving rate

    26 July 2024

    Significant natural catastrophes have sent the sector's balance for "extraordinary" incidents into the red, GIAJ says

  • Allstate shares plunge after DOJ files lawsuit for defrauding customers

    26 July 2024

    National General subsidiary alleged to have forced insurance on millions of cars

  • Cyber insurers could face largest loss in 20 years from CrowdStrike Outage

    25 July 2024

    Insured losses are estimated to be between $400m and $1.5bn, says CyberCube

  • Chubb focused on fighting inflated US litigation environment

    25 July 2024

    The US insurer is looking to pool resources with corporate America to fight tort growth, says CEO

  • Global protection gap hit record high of $1.83trn in 2023, says Swiss Re

    24 July 2024

    The reinsurer has published its sigma resilience index report

  • AI is only used for reserving by a fraction of insurers worldwide

    23 July 2024

    But LCP survey found 53% of teams said they plan to increase usage in the future

  • CNP's Vincent Damas calls for global interoperability of green taxonomies

    22 July 2024

    UNEP FI is leading a collaboration to support a unified global green taxonomy

  • System failure and business interruption the major loss triggers from global IT outage

    22 July 2024

    Business interruption losses unlikely to be covered by general insurance policies, says APCIA

  • LMA: IT outage chaos unlikely to breach op risk impact tolerances

    19 July 2024

    Matt Wood, head of technology at the Lloyd's association explains insurance implications