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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