In the rapidly evolving landscape of technology, one of the most revolutionary advancements that has gain...
Asbestos drags on Travelers; insurer took Q3 charge after upping reserves in '20
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Article / 2 years ago
As new risks emerge, liability carriers continue to confront an old peril
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Article / 4 years ago
Australian bushfires intensify scrutiny on insuring, investing in coal
Bushfires across Australia are drawing increased attention to the financial risks of climate change, even as the country...
Bushfires across Australia are drawing increased attention to the financial risks of climate change, even as the country...
Article / 4 years ago
Catastrophe modelers are tackling climate change amid pressure from insurers
After three years of heavy losses, insurance executives are questioning risk models' ability to account for rising global temperatures...
After three years of heavy losses, insurance executives are questioning risk models' ability to account for rising global temperatures...
Article / 4 years ago
Climate change drives up disaster bills for insurers, but hidden risks lurk too
Insurers are unprepared for some of the less obvious risks from climate change, such as liabilities arising from the shift to a more carbon-neutral economy...
Insurers are unprepared for some of the less obvious risks from climate change, such as liabilities arising from the shift to a more carbon-neutral economy...
Article / 5 years ago
RenRe CEO: Insurance industry 'missing the point' on worsening catastrophe risks
Kevin O'Donnell said the industry is focusing on the effects of social inflation on catastrophe claims rather than on climate change...
Kevin O'Donnell said the industry is focusing on the effects of social inflation on catastrophe claims rather than on climate change...
Article / 5 years ago