News

Insurance

KCC pegs Hurricane Milton insured losses at $36bn

Unlike Helene, Milton’s wind damage will lead to a higher proportion of losses.   15 October 2024

Insurance

Milton and Helene’s joint losses could top $100bn, threaten insurer profitability

Reinsurance market to resume hardening even in a scenario of moderate losses.   10 October 2024

Insurance

TWIA shot down on 10% rate hike request following Hurricane Beryl

TWIA last estimated rate inadequacy at 38% for residential policies and 45% for commercial policies.   15 October 2024

Insurance

Evolving risks demand bold solutions

We need to drive greater efficiency and greater value as an industry, Jeremy Goodman of Aon tells APCIA Today.   8 October 2024

Insurance

Top leadership change at Arch as Grandisson to exit

Grandisson to retire from the business after over two decades.   14 October 2024

Insurance

US private market insured losses from Helene could hit $14bn: Moody’s RMS

Estimated losses to the NFIP could be over $2bn.   8 October 2024

Insurance

Aon lifts long-serving talent to lead global insurance vertical

The appointee will boost capabilities across commercial risk, reinsurance and health.   11 October 2024

Technology

Cybersecurity and regulation top risks for TMT sector as AI use grows: WTW

New risks in the sector are driven by rapid expansion and increased scrutiny.   10 October 2024

Insurance

Holborn offers a ‘Swiss Army knife’ of solutions to clients

Insurers are buffeted by many forces, but their broker can help navigate these challenges.   8 October 2024

Insurance

Hurricane Milton hits over 150,000 Florida buildings: ICEYE

The figure is similar to, or even more than Hurricane Helene.   14 October 2024

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