The golden state becomes too hot to handle

Property catastrophe losses in California have soared, with the result that insurers increasingly don't want to underwrite there. Could this be the beginning of a withdrawal from cat perils in other US states? Sarfraz Thind reports


Larger, sophisticated insurers will cope better with UK price walking ban

AM Best comments on new rules that came into force this year


LDTI warning as insurers prepare to report next year

Analysts expect big LDTI numbers after Aflac's $20bn reveal last month


US senator warns of "massive risk" from fossil fuel underwriting

AM Best research shows few US insurers are fully implementing ESG into underwriting


Climate factors can positively impact insurers' credit ratings

AM Best's Jessica Botelho-Young described how climate factors affect the ratings process


Moody's warns of 65% loss ratio for cyber insurers

Insurers are also making progress on eliminating silent cyber insurance coverage, says Moody's


AM Best: market adaptation key in future ratings process

How re/insurers respond to market trends will be vital, rating agency says


Risks are becoming harder to model, price and re/insure

AM Best warns modelling may lose relevance for pricing


US P&C insurers' underwriting income grew 28% in H1

Increase in premium earnings highlights industry rebound in 2021, AM Best finds


Storm Henri hits north-eastern US

The storm knocked out power to 140,000 homes and caused deluges