Articles

Insurance

New RMS hurricane model allows for more user defined options

Version 23 includes updates to existing models for core perils and for climate change views.   7 November 2023

Insurance

Swiss Re is committed to developing a private flood market

Flood models have improved dramatically but a challenge is around educating insurers that this risk is insurable.   7 November 2023

Insurance

Florida reforms show signs of working but reinsurers remain coy on biggest cat market

Extensive and much-needed regulatory reforms in Florida appear to have worked with new insurers launching—but reinsurers remain wary.   7 November 2023

Insurance

Hiscox retains A+ rating despite recent losses

AM Best said it has a strong track record of earnings.   6 November 2023

Insurance

Markel hires AIG exec into digital role

It has appointed digital & portfolio executive.   6 November 2023

Insurance

Miller taps Lockton for new financial lines lead in Asia

The recruit has also worked for JLT, Willis and Price Forbes.   6 November 2023

Insurance

Rokstone bolsters marine team, eyes $100m goal

It has hired underwrites from Liberty and Starr Insurance.   6 November 2023

Insurance

Property casualty sector’s overall reserves improved in 2022

The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.   6 November 2023

Insurance

Banks are using insurance models to assess risk

Use of insurance models by banks could lead to their demanding borrowers build more climate-resilient structures: Moody’s RMS.   6 November 2023

Insurance

Drivers get riskier, compounding pressure on insurers: APCIA

Escalating costs are driving up auto insurance premiums in Nevada and across the country.   6 November 2023

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