Property
Oak Global opens climate and tech division
Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business
HDI Global profits rise in 2025
Corporate and specialty insurer's operating profit climbs 4% to €732m supported by new business growth
Everest agrees sale of Canada retail business
Canadian mutual Wawanesa to acquire $305m commercial lines portfolio for an undisclosed sum
Recalibrating climate risk and insurance
An endless stream of priorities passes through government, some deserving of urgent attention, some not. But the looming insurability crisis has never been one of them.
Covid-19 lockdowns and BI claims: six years on
The Covid-19 pandemic gave rise to an unprecedented level of complex BI claims and the resulting litigation has stretched the capacity of the courts
US hit by second $1bn+ storm loss
Gallagher Re warns insured losses from mid-March could increase
US think tank proposes federal reinsurance fund
Brookings Institute proposal would see federal agency take on ‘extreme tail’ risks to support property insurers
AI tools increase profits for P&C carriers
Use of AI and other sophisticated analytics led to lower combined ratios, survey finds
Peak nat cat year could produce $400bn+ in losses by 2030
Reinsurance giant warns of inflationary shock from Iran war and encourages adaptation
Nature risk moves up the insurance agenda
Experts insist nature risk is reshaping underwriting, with new products and collaborative structures emerging to address risks too complex for any single carrier
BirdsEyeView launches nat cat modelling platform
Multi-peril CERA platform combines ‘high-resolution’ satellite data with AI analytics to support pricing accuracy
Climate risk extends beyond physical assets: Marsh
Multinational firms must adopt a long-term, strategic approach to climate adaptation, Marsh’s Nick Faull says
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