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Second Californian insurer put under review after fires

AM Best cites new insights from managers at California Capital Insurance

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Asbestos and environmental losses fail to slowdown - AM Best

Overall asbestos and environmental losses have hit nearly $150bn

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Rating agencies warn of insurtech bubble

A glut of money has flowed into insurtech start-ups, raising concerns that investors are fuelling a bubble in the sector. The situation has also highlighted the challenge of defining “true” insurtech innovation. US editor Sarfraz Thind reports

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Hurricane Michael: KCC estimates almost $8bn insured loss

Nearly half of insured loss estimated to have occurred in two Florida counties – Bay and Gulf.

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Insurers' commitment to ESG "not a fad that is likely to fade"

AM Best monitoring impact on credit rating from managing environmental, social and governance risk

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Snowballing California wildfire losses the "new normal" warns A.M. Best

Numerous factors are contributing to higher fire risk

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Ireland beats Luxembourg as insurers' Brexit relocation base

But Luxembourg is top pick for firms with no pre-existing presence

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Accounting standards a bigger threat than cyclones to Gulf insurers' capital

AM Best rates UAE particularly at risk if more prudent approach taken to write-offs

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Plan for cyber-attacks, warns regulator

Cyber-attacks have grown and can be easily transmitted between parties, regulators have cautioned

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Hong Kong reinsurers to gain preferential treatment from China

Lower capital charges to be awarded to Chinese insurers ceding business to Hong Kong reinsurers