Property
Australian insurance association declares bushfires ‘catastrophe’
Economic losses from fires likely to reach hundreds of millions of dollars, according to Aon
Protection gap requires strategic planning: WWF
WWF report on tackling the insurance protection gap coincides with latest scientific assessment the world has already warmed 1.4°C above pre-industrial levels
Northern California ‘becoming bigger wildfire risk’
Last year’s Los Angeles wildfires were a one-in-35-year event, but northern California has growing fire risk, broker says
PRA again warns insurers on underwriting forecasts
UK regulator sets out 2026 priorities with caution about soft market and ‘overly optimistic’ models
Record reinsurance capacity to drive M&A activity in 2026
As reinsurance rates soften firms are increasingly looking to deal-making to meet investor demand for growth, Mike Van Slooten, head of market analysis at Aon, says
Global heating may be worse than models project, report finds
Insurance sector could face $250bn insured losses annually by 2035, according to report by the Institute and Faculty of Actuaries and the University of Exeter
Liberty explores space applications for climate risk
Carrier signs memorandum of intent with European Space Agency aimed at parametric protection for agriculture and forestry sectors
Aon raises data centre programme capacity to $2.5bn
Broker increases capacity in response to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure
Creating a ‘virtuous cycle’ against climate risk
Asset management and insurance industries can serve as role models for other sectors on how to innovate in tackling climate change, Allianz says ahead of World Economic Forum annual meeting
AI-related premium gains risk downsides, Swiss Re warns
The sizeable premium growth potential from artificial intelligence infrastructure could be offset by declines in other industries, Swiss Re says
ATA launches $750m AI infrastructure facility
Arch Insurance, Munich Re and Scor are among the re/insurers backing the consortium
FM increases data centre limits to $5bn
Insurer claims it now offers the largest limit available to the data centre sector
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