Governance is top ESG risk for insurers, says AM Best

Climate and regulation are also areas of ESG concern, according to rating agency


NFIP suffered biggest ever flood loss from hurricane Ian

Private flood insurance market rose 42% in 2021, AM Best finds


Lloyd's CFO would welcome cyber insurance regulatory intervention

Aon and Beazley call for better definition of cyber events


AM Best remains negative on German life insurance

Changes to Solvency II, growth challenges and market volatility provide headwinds


UK economic volatility increases insurers' liquidity and credit risk

The Bank of England today warned of a material risk to UK financial stability


Sub-Saharan African reinsurers face multiple near-term pressures

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


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

Complex coastal canal networks make modelling tough


GCC insurers find the positives in IFRS 17 implementation

IFRS 17 compliance is tougher for insurers in emerging markets such as the Gulf Cooperation Council. Despite the challenges, the sector is optimistic about potential benefits, as Joshua Geer reports


US life and annuity net income rose over 60% in H1

But AM Best noted the sector's pre-tax net operating gain fell by 18% year on year