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The UK gilts crisis: a worry, not a disaster, for insurers
30 September 2022Plunging 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
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Sub-Saharan African reinsurers face multiple near-term pressures
30 September 2022Civil unrest, limited capacity and volatile inflation pose problems for the region
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Hurricane Ian set to cost insurers up to $47bn, CoreLogic estimates
30 September 2022Ian is the costliest storm to hit Florida since 1992's hurricane Andrew
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RenRe's CRO Mishambi joins Parsyl board
30 September 2022 -
ESRB issues first "general warning" of systemic risk levels in Europe
30 September 2022Probability of tail risk scenarios is increasing, says EU authority
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Insurers at risk of mis-modelling Ian's storm surge in Florida, says Guy Carpenter
30 September 2022Complex coastal canal networks make modelling tough
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IR&C Americas: US insurers reveal the impact of the Great Resignation
29 September 2022Conference attendees were also polled about the changes to working practices in the post-Covid era
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Re/insurers may "lose relevance" if cyber cover demand is not met
29 September 2022Munich Re's chief cyber underwriter Jürgen Reinhart said re/insurers must create sustainable growth conditions
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FCA urges insurers to protect customers during cost-of-living crisis
29 September 2022The UK regulator urged insurers to provide support to vulnerable customers and prioritise access to fair value products
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Global natcat average losses doubled to $100bn in last five years
28 September 2022Insurer models have accounted for increase, says Verisk