Archive

Free webinar: Better flood risk management for insurers

The webinar, in partnership with ICEYE, will take place on 1 September at 3pm BST

FairPlay launches AI detection bias tool for insurers

The US company's product aims to reduce algorithmic bias in the insurance industry

Swiss Re loses sex discrimination case

Conduct and reputational risk has become a key issue for re/insurers

AM Best: ILS market sees "dynamic" H1

Covid-19 will continue to have a limited impact on the ILS space, according to the rating agency

Claims inflation? What claims inflation?

Rising costs of goods and labour may be squeezing underwriting results in Europe and North America, but for many insurers in Asia, claims cost inflation is a world away in every sense. David Walker reports

Rising prices caused $30bn increase in US P&C loss costs in 2021

McKinsey says speed to market is critical to combat inflation

UK's home insurance premiums drop, despite price walking ban

Average premiums are down 7% since last year, ABI reports

Hurricane Andrew losses in 2022 would exceed $70bn in Florida

The severity of claims from the 1992 hurricane drove several insurers into insolvency

Taiwan's Covid-19 insurers put on negative outlook by AM Best

Soaring infections led to a spike in claims

Bermuda's Aspida Re names Sheetal Chhiba as deputy CRO