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The Financial Conduct Authority has defended its use of statistical modelling as evidence in the High Court test case for BI insurance, arguing it can “reasonably” be relied upon as testimony...
The forthcoming North Atlantic hurricane season is likely to be more severe than the long-term average, the recovery from which will be worsened by Covid-19, Munich Re has predicted...
After a rout that started in February and ran for most of March, financial markets have stabilised thanks to government stimulus and signs of flattening curves in many major economies...
Climate change presents a great and growing threat to lives and livelihoods the world over. Its impact on flood risk is notoriously difficult to quantify...
Swiss Re has estimated insured catastrophe losses reached $60bn in 2019 as it warned that (re)insurers must adapt risk models to...
Underwriters are cleaving to flawed models and systematically underestimating risk, according to MAP active underwriter Richard Trubshaw...
The insurance industry should use its technical expertise in pricing risk to convince politicians of the financial impacts associated with climate change, Axis’ chairman and co-founder said...
Hurricane Jerry could graze northern Puerto Rico and the southeastern Bahamas over the weekend just days after Hurricane Dorian devastated two northerly Bahamian islands...
