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Risk Rating 2.0 "causing havoc" for US flood insurance
02 November 2021Senator Bill Cassidy accuses NFIP's new flood insurance model of raising rates
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IAG hikes natcat budget by 37% after stormy weather
02 November 2021October storms in South Australia and Victoria add to claims burden
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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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Solvency filings underpin Covéa's rationale for Partner Re acquisition
01 November 2021French group wants to buy Bermudian re/insurer for $9bn
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Storms trigger Australian catastrophe amid calls for relaxing Covid bans
01 November 2021The ICA said around 36,000 claims had been lodged so far
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UK's Solvency II study spooks the market
29 October 2021Annuity writers have been shocked by the results of the UK's quantitative impact study on potential reforms to Solvency II and are preparing for a clash with the regulator, as Christopher Cundy reports
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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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IASB expands scope for IFRS 17/9 fix
29 October 2021A proposal to offer relief was consulted on earlier this year
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European wildfire risk needs loss modelling innovation
29 October 2021Guy Carpenter's Jessica Turner said wildfire risk in Europe is receiving more scrutiny
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Lloyd's joins Net-Zero Insurance Alliance
29 October 2021The market is also creating a framework to measure progress towards net zero underwriting