New risks and rising claims hampering US cyber profitability

AM Best noted growth in this market had slowed significantly since 2017


US insurtech Hippo raises $150m in funding round

The company has grown its total written premiums to $270m in the past year


WR Berkley warns of looming Covid-19 risk to liability lines

Firm flags expanding reinsurance and reviewing ceding as market firms up


Genworth to pay Axa over £500m in mis-selling settlement

Agreement over historic PPI claims keeps Genworth's planned M&A with China Oceanwide alive


Verisk launches Life Risk Navigator platform

The cloud-based software is aimed at life re/insurers and annuity providers


Manulife sets target to increase ethnic minority leadership representation

Chief executive Roy Gori said the initiative will help the insurer build a more inclusive culture


US basketballers Houston Rockets sue FM Global unit over BI cover

Stadium lockdown also hit World Championship BBQ Cook-off


Covid-19 BI litigation "will stop America's recovery before it starts"

The APCIA has been at the forefront of fighting fires in the current crisis. Senior vice president Robert Gordon talks to Sarfraz Thind about the business interruption saga and why litigation is simply wrong


Travelers warns of $114m Q2 Covid-19 losses

Insurer also expects $400m subrogation wildfire-linked recoveries in Q3


Arch's Covid-19 losses double in Q2

Civil unrest is also set to cost Bermudian re/insurer up to $45m