Climate risk enables insurance technology to blaze a trail

Acute regulatory, shareholder and consumer pressure on climate change is fuelling increasing demand from insurers for technology to assess the impact of climate risk. Ronan McCaughey explains how insurance software vendors are responding to the challenge


Modelling future climate change risk poses "a real challenge"

Guy Carpenter's Jessica Turner said modelling and regulatory issues presented future difficulties for reinsurers


Shape up "or get out" John Neal tells underperforming Lloyd's syndicates

Lloyd's average combined ratio was 92% in H1 2021


Munich Re CEO: ability to model future risks "does not concern me much"

AM Best and Moody's had warned reinsurers would face modelling challenges


European nuclear insurers to develop blockchain-based risk platform

B3i programme expected to launch at 1 January 2022 renewals


Reinsurers struggle to model and price climate change's effects

Moody's says the industry is trying to figure out if the current pattern of nat cats is the new normal


Get CRO and CIO insights at Insurance Risk & Capital Americas 2021

InsuranceERM's virtual conference will take place on 22-23 of September


Climate risk means property cat losses could rise 120% by 2040

Swiss Re says climate perils will increase the property risk pool by 33% - 41% over next 20 years


Insurtech weekly: Insurify, OneDegree, Hippo, Greenlight Re Innovations

InsuranceERM rounds up the latest fundraisings and launches from the world of insurtech


US seeks to plug insurers' data scarcity on climate risk

Public comments are being sought to help the US insurance sector address climate change