Brought to you by:

International

Industry unites to address climate change threat

1 March 2021

Industry think-tank The Geneva Association has launched a working group to develop climate risk assessment methodologies and tools for the insurance sector...

Read More...

Climate change to have little impact on insurer ratings: Fitch

1 March 2021

Climate change is expected to have little impact on insurance ratings despite the serious challenge it represents for the industry and the questions it raises for cover affordability as prices increase, Fitch Ratings says...

Read More...

Insurers brace for ‘record’ losses from Texas deep freeze

1 March 2021

The devastating winter storms that blanketed Texas last month could end up being the largest claims event in the state’s history, according to the Insurance Council of Texas...

Read More...

Industry builds up capital base amid favourable investor sentiment

1 March 2021

Insurers have been able to raise capital with relative ease, reflecting partly the absence of better investment opportunities elsewhere, according to a report from AM Best...

Read More...

US insurers play ‘pivotal’ role in economy

1 March 2021

The Insurance Information Institute has produced a report outlining the critical role property and casualty insurers play in supporting the US economy...

Read More...

Munich Re expects ‘smaller scale’ COVID impact this year

1 March 2021

Munich Re says the business remains on track for a €2.8 billion profit this year as was forecast in December, projecting financial consequences from COVID-19 would be on a “considerably smaller scale” compared to last year...

Read More...