Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred...
AI risks measurable, often insurable: Experts
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Article / 2 days ago
Property fast-growing coverage line: Marsh captives
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Article / 3 days ago
Windstorm Ciarán (Emir) industry loss lifted another 5.5% to €2.043bn by PERILS
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
Article / 8 days ago
Rising fire risks drive parking garage scrutiny
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Article / 10 days ago
PERILS lifts Windstorm Babet and Aline industry loss to €691m
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
Article / 19 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 24 days ago
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 25 days ago
1st View: Heading Out of the Woods
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
Article / 1 month ago
Navigating the Storm: Challenges and Solutions for Property Funds in Today's Economy
Any individual or business managing property is facing one roadblock after another. For starters, interest rate hikes have raised refinancing concerns for...
Any individual or business managing property is facing one roadblock after another. For starters, interest rate hikes have raised refinancing concerns for...
Article / 2 months ago
Batteries on borrowed time
Why aren't we talking about managing the risks around e-micromobility rentals and Lithium-Ion battery returns?...
Why aren't we talking about managing the risks around e-micromobility rentals and Lithium-Ion battery returns?...
Article / 2 months ago
