Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums May 28, 2025 By Maggie Shiltagh and Chloé Meley A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to...
Political Risk Cover Demand Rises, but GWP Growth Lags: Report May 27, 2025 By L.S. Howard Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the...
Global Forest Loss Tops Record as Wildfires Drive Destruction May 21, 2025 By Natasha White Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing...
Europe’s Farm Sector Loses €28 Billion a Year From Climate Risks May 21, 2025 By Celia Bergin The European Union’s agriculture industry is losing €28 billion ($31.5 billion) a year due to increasing climate risks, such as...
Markets/Coverages: Markel Launches Clinical Trials Cover to Support Research Globally May 12, 2025 Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its clinical trials insurance product. Markel said...
Viewpoint: Challenging P/C Market Generates Opportunities for Surplus Lines’ Writers May 8, 2025 By David Blades The U.S. surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with...
Scientists Tally Oil Majors’ Climate Damage With Eye to Legal Liability May 1, 2025 By Eric Roston Over the last decade, scientists have rapidly developed the field of climate attribution research, teasing out the role played by...
Buyer’s Remorse Hits Finance Bosses Who ‘Overhired’ for ESG May 1, 2025 By Gautam Naik There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
UK Warned Cuts to Flood Defense Are Too Dangerous to Consider April 30, 2025 By Olivia Rudgard The UK should spare flood defense programs from budget cuts to be announced in June, as the country is already...