UK insurtech investment hits $1bn

KPMG’s report shows market is maturing with fewer, but larger insurtech deals


California plans law to tap wildfire insurance, combat costs

Bill announced, as RMS releases new US wildfire model


AMP commits A$70m to improve risk management, governance

Australian insurer deals with fallout from Royal Commission investigation


Australian insurers to face tougher sanctions for conduct failings

Laws passed following Royal Commission report


US cyber insurance: plugging-in to growth

There are strong forecasts for growth in the cyber insurance markets, but insurers have obstacles to surmount if they are to be successful. Sarfraz Thind reports


IFRS 17 could push life products out of the market

Colin Dutkiewicz warns of the potential implications of the new accounting standard


New Zealand reduces insurers' earthquake loss exposure

Rise in coverage limit of public scheme recognises building cost increases, minister says


PRA defends Part VII cost hike

The proposal would see the cost of portfolio transfers increase by 300% in some cases


Coface prepares internal model to mitigate Solvency II reforms

Underwriter warns standard formula changes could slice 20 points from coverage ratio


UK widens scope of terrorism insurance protection for businesses

Counter-Terrorism and Border Security Bill receives Royal Assent today