Climate change could cause UK flood losses to rise by 30%

JBA Risk Management makes projection using new model


Dutch court orders Ageas to repay $1.5bn over Fortis collapse

The verdict marks the largest ever settlement issued in European securities


UK car insurance premiums at their lowest price since 2014

Expected increase to Ogden rates helps insurers cut prices


UK Defence Club picks Cyprus as EU base post-Brexit

UK insurers expanding to Continent wrote £4bn in EU ex-UK in 2017


PRA sets out MA concerns and future projects

Letter to chief actuaries says also discusses internal models, stress testing and fundamental spread


Cat modelling firms facing renewed pressure on loss estimates

JLT Re urges cat modellers to strengthen authority over post-event loss forecasts


IFRS 17 is complex but necessary – A.M. Best

The new accounting standard will increase volatility in insurers’ results


High-res flood data is cat modelling's third disruptive wave - Muir-Wood

After the ‘Class of 93’ and the cat bond revolution, the ability to calculate building-level flood risk costs is causing a re-evaluation of flood insurance


Insurers a distant second to banks in smart automation

CapGemini survey calculates $269bn revenue win for wide implementation


UK asks EU for different third-party equivalence regime after Brexit

British government proposes an “enhanced” version due to markets’ interconnectedness