Prudential Financial's Nick Silitch: running his own version of risk

The chief risk officer of the largest US life insurer talks to Sarfraz Thind about how he shaped his role and the risk function, and reveals the impact of the pandemic on the group


US bipartisan bill aims to reform NFIP

Bill argues for National Flood Insurance Program to be put on "stronger financial footing"


RMS forecasts up to $3.5bn of onshore losses from Delta in US

The prediction represents a marginal increase on previous estimates


KCC puts Delta insured losses at over $1bn

Wind and storm surge losses in the US are estimated at $950m


US insurers call on China to tear down discriminatory trade barriers

APCIA demands strong enforcement so US insurers can carry business into offshore markets


Delta weakens after striking Louisiana

Delta made landfall as a category 2 hurricane on Friday evening


Cracks in the normal distribution challenge CROs

Covid-19 is changing the way chief risk officers think and work. Eric Clapprood and David Sherwood talk to Sarfraz Thind about why CROs may need to focus on less extreme risks, and how they can adapt to the new normal


SAS launches LDTI tool for US insurers

The accounting change will be a major compliance shift for the US insurance industry


COMMENT: How US insurers can make America green again

Ronan McCaughey calls on US insurers to show more leadership on climate change risk


Political risk becoming a factor in cat losses

PCS's Tom Johansmeyer describes six ways politics could influence catastrophe events