Extreme climate conditions reach new high, North American actuaries warn

Heavy rainfall, sea level and extreme temperatures fuel the trend


COMMENT: Business interruption battle is no-win situation for insurers

The saga only means significant legal costs and damages trust in insurers


Racial equality is overwhelming message at NAIC meeting

President Ray Farmer calls 2020 a moment of historical inflexion, commits NAIC to change


NAIC still failing to address racial bias in underwriting

Use of AI and other data penalises minorities, says CEJ's Birny Birnbaum


Solvency II interest rate risk: a floor to cure the flaw

Eiopa's stakeholder group has proposed an alternative solution to what it sees as a flawed proposal to reform the interest rate risk module. Christopher Cundy reports


Michael Bartholomeusz named chair of Oric International

Operational risk consortium reveals other changes to its board


US P&C surplus suffers worst decline in Q1

The slump occurred just three months after policyholder surplus was at a record high, APCIA says


Claims risk rises as Covid-19 hits Australian jobs market

Unemployment and under-employment hits 17% in June


NAIC creates 'race and insurance' committee

Will look at race bias and ways of increasing diversity in industry


German legal insurers face €6bn bill from Dieselgate scandal

GDV calls for measured increase in lawyers' fees next year