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Perils increases Italy's Emilia-Romagna flood insured loss estimate by 30%
22 August 2023Total economic losses from the flooding in are estimated at €9bn
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Cannabis insurance still among the weeds
22 August 2023Joint underwriting associations are one solution, says NAIC
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AM Best: global reinsurers remain well capitalised
21 August 2023It expects reinsurers to generate underwriting profits that had previously been elusive
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Tropical storm Hilary wreaks havoc in southern California
21 August 2023Hilary made landfall on the coast of Mexico yesterday and around 26m people are now under flood warnings
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IAG oversteps natcat budget again, boosts next allowance by 26%
21 August 2023One-fifth of premiums now covering reinsurance costs and perils allowance
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Canopius's Sheldon Lacy: risk functions connect the dots, so the business can thrive
21 August 2023The speciality re/insurer's CRO discusses with Ronan McCaughey how a structured programme of transformation has impacted the risk function, and how it's making progress on climate risk and DEI
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US flood market topped $4bn in 2022 as private insurance share grows
18 August 2023Private insurers now 32% of market as NFIP challenges continue, says the Insurance Information Institute
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H1 bulk annuity volumes surpass £20bn
18 August 2023The volumes exceed the previous record of £17.6bn set in 2019
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Geoff Gittins becomes Manulife Asia CRO after Aravind Srinivas departure
18 August 2023Srinivas returned to Munich Re for a second spell earlier this week
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Aegon gives shareholders more control in Bermuda bid
18 August 2023Owners will vote in September on proposal to move Dutch group's regulatory seat