Archive

The UK gilts crisis: a worry, not a disaster, for insurers

Plunging sterling and soaring gilt yields are buffeting insurers, but longer-term impacts of the government's disastrous "mini budget" are the real concerns, as Sarfraz Thind reports

Sub-Saharan African reinsurers face multiple near-term pressures

Civil unrest, limited capacity and volatile inflation pose problems for the region

Hurricane Ian set to cost insurers up to $47bn, CoreLogic estimates

Ian is the costliest storm to hit Florida since 1992's hurricane Andrew

RenRe's CRO Mishambi joins Parsyl board

ESRB issues first "general warning" of systemic risk levels in Europe

Probability of tail risk scenarios is increasing, says EU authority

Insurers at risk of mis-modelling Ian's storm surge in Florida, says Guy Carpenter

Complex coastal canal networks make modelling tough

IR&C Americas: US insurers reveal the impact of the Great Resignation

Conference attendees were also polled about the changes to working practices in the post-Covid era

Re/insurers may "lose relevance" if cyber cover demand is not met

Munich Re's chief cyber underwriter Jürgen Reinhart said re/insurers must create sustainable growth conditions

FCA urges insurers to protect customers during cost-of-living crisis

The UK regulator urged insurers to provide support to vulnerable customers and prioritise access to fair value products

Global natcat average losses doubled to $100bn in last five years

Insurer models have accounted for increase, says Verisk