California FAIR Plan said to face wildfires with just $377m in pocket
15 January 2025   FAIR Plan CEO suggested in 2024 they couldn't hit their reinsurance attachment points.

Latest Insurance & Reinsurance Features

The evolving role of insurance-linked securities (ILS) in reinsurance is now a matter of strategic foresight rather than tactical necessity.
Getting your business ready for the next wave of cyber crimes.
Markel’s culture is the foundation of its success, says the re/insurer’s Joanna Browning.
Moral hazard has stalled progress in reputation risk insurance, but parametric solutions could help insurers meet growing demand and seize new opportunities.
Convex remains the biggest insurance startup ever – and it must surely be setting records for its growth trajectory.
Emerging technologies, innovative solutions, and a client-centric approach are reshaping cyber risk assessment and underwriting to address evolving threats, says Vanessa Leemans, head of Cyber UK & Lloyd’s at AXA XL.
Where should we draw the line with AI?

Latest Risk Management Features

Reshaping risk management with Allphin’s exposure management tools.
Every firm should have cyber insurance, the same as they have business insurance, says Matt Cullina of TransUnion.
The point of least resistance is all of us, says Matt Cullina, head of global cyber insurance at TransUnion.
Incident response teams are already connected to insurers and law firms, bringing with them a wealth of resources, an Intelligent Insurer panel agreed.

Latest ART & ILS Features

The evolving role of insurance-linked securities (ILS) in reinsurance is now a matter of strategic foresight rather than tactical necessity.
Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.
In our special LatAm focus during March 2024, Intelligent Insurer will reflect on and review the highs and lows of this huge, opportunity-filled region, starting with this look back at the conference.
The risk transfer industry needs more capital—but ILS investors are interested only if returns reach more attractive levels that meet or exceed long-term target returns for risk assets, Dirk Lohmann, chairman of Schroders Capital ILS, told Intelligent Insurer.
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