Generative AI (GenAI) has been described as “the next internet”, an advancement in technology that will f...
Reinsurance hit anticipated as Dubai flooding impact emerges
Insurers in the emirate typically buy low-attaching reinsurance....
Insurers in the emirate typically buy low-attaching reinsurance....
Article / 3 days ago
Solar market balances coverage and exposure as loss experience persists
Recurring loss patterns have led to squeezed coverage, leaving clients exposed....
Recurring loss patterns have led to squeezed coverage, leaving clients exposed....
Article / 4 days ago
European cedants must get on top of loss creep – or face wrath of reinsurers
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
Article / 9 days ago
Renewables market braces for $50mn Texas solar hail claim
Copenhagen Infrastructure Partner’s policy is subject to a sub-limit for hail damage...
Copenhagen Infrastructure Partner’s policy is subject to a sub-limit for hail damage...
Article / 16 days ago
Insider in Full: Fears that Baltimore bridge P&C claim could exceed Costa Concordia
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Article / 25 days ago
Unipol forced to renegotiate treaty due to inflated hail loss
Last summer's hail loss has crept significantly for many Italian cedants....
Last summer's hail loss has crept significantly for many Italian cedants....
Article / 25 days ago
Italian hail loss rockets beyond EUR5bn
Underestimated average claim value has led to a dramatic February update...
Underestimated average claim value has led to a dramatic February update...
Article / 1 month ago
Compre's claims chief Lane exits carrier
He has spent more than six years at the legacy firm in various senior claims roles....
He has spent more than six years at the legacy firm in various senior claims roles....
Article / 1 month ago
Reinsurers deny WR Berkley can claim indemnity in $90mn Covid case
The firms say no “single aggregating event” caused the losses....
The firms say no “single aggregating event” caused the losses....
Article / 2 months ago
Insider in full: Space market facing $500mn+ in losses from new satellite losses
Rate increases have accelerated further after major losses in 2023.
Rate increases have accelerated further after major losses in 2023.
Article / 2 months ago