Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots

Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover in potential ...

Insurers Heavily Exposed to Impact of Climate Change: Global Watchdog

Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of ...

New Cyber Risk Report Highlights Rise in Automotive Data Exploitation

All Eyes on Europe as World’s First AI Rules Set to Be Finalized

UN Report Warns of ‘Silent’ Threat of Drought as Planet Warms

While wildfires, severe storms and floods cause short-term impacts that often grab the world's attention, a drought that stretches over seasons or even years can be ...

CFC Executives Walsh and Newman to Step Down After Lloyd’s Misconduct Probe

CFC, the London-based managing general agent, announced that its founder and group CEO, David Walsh, and Graeme Newman, CEO of CFC Underwriting, will be exiting the ...

P/C Insurers Face Challenging Claims Dynamics as Frequency, Severity Rise: Swiss Re

The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, ...

Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report

As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the ...

Financial Services Firms Acknowledge ‘Awful’ Culture in UK Sexism Inquiry

Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk

Moody's RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between $2.5 billion and $4.5 billion. On the ...