News
Insurance
Rising costs from ransomware and systemic threats have changed attitudes to cyber threats over the last year, according to the ratings agency. 16 September 2021
Insurance
The major economies of the Gulf Cooperation Council have been the bulwark of growth in the MEASA region, and while they remain the primary driver, the spillover effect of economic diversification provides more opportunities for carriers to expand to other countries. 16 September 2021
Insurance
The pandemic exposed weaknesses in the re/insurance industry’s use of wordings in policies, and the sector must do better on that and on climate change, says AXA XL’s reinsurance chief. 15 September 2021
Insurance
New report finds significant disparity between the experience of auto and home lines. 15 September 2021
Insurance
While rates continue to move in the right direction, they still have some way to go to become sustainable in the context of many challenges. That is the view of John Scully and Marco Sordoni of UnipolRe, who spoke to Monte Carlo Today. 15 September 2021
Insurance
Despite recent rate increases and positive sentiment in the industry, reinsurers’ returns could still be underwhelming, leading to longer-term upward pressure on rates, Stuart Shipperlee, managing director, Litmus Analysis, told Monte Carlo Today. 15 September 2021
Insurance
Wildfires have increased markedly in recent years, particularly in the state of California. With little historical data available to model the new risk, how are carriers grappling with providing cover in a market which is suddenly one of the riskiest out there? 15 September 2021
Insurance
Wildfires have emerged as one of the most significant problems facing the re/insurance industry, with the events becoming increasingly frequent and damaging and few options immediately available to tackle the issue. 15 September 2021
Insurance
The ILS market has grown significantly over the past 12 months as the traditional reinsurance market has been buffeted by a series of natural catastrophes and the pandemic. 15 September 2021
Insurance
Lower COVID-19 claims and increasing pricing have improved the outlook for reinsurers, but catastrophes and claims inflation leave their earnings vulnerable, Moody’s Investors Service said today. Robust levels of capitalisation are the primary reason it continues to rate the sector as stable. 15 September 2021
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