The FIO's climate letters reveal burning desires

The Federal Insurance Office (FIO) has published a raft of comment letters after its request for information on climate regulation. Could this be the tinder to spark new rules? Sarfraz Thind reports


Fema defends Risk Rating 2.0 flood model from criticism

But new model does not look to future climate change predictions


CMI places no weight on 2020-2021 data for next mortality projections

2021 still likely to be an outlier, says CMI


Insurtech weekly: Steadily, Swiss Re, Kettle, Tokio Marine, Nexar

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


Future pandemic risk pools will be shallow, not deep

The concept of an all-encompassing government-backed risk pool to deal with the threat of future pandemics is all but dead. However, public support remains available for smaller schemes, as Paul Walsh reports


Insurers decry California's proposed wildfire model regulations

Industry argues wildfire insurance rules will stifle innovation and hit participation


US cyber market grew 29% in 2020 but remains miniscule overall

The cyber line accounts for just 0.4% of overall P&C premiums, NAIC finds


Current cat losses are unprecedented for industry, says AIG's Zaffino

Climate change has seen historic losses as industry grapples with new normal


Beazley's ESG syndicate helps engage with clients on climate

Cyber rates skyrocket 48% by September


What's driving growth in nat cat losses?

Experts at the Insurance Risk & Capital Americas conference discussed trends in natural catastrophe loss exposures, model constraints and how insurers should address insurability of high-risk properties. Cintia Cheong reports