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...
Increased Writings in Homeowners Adds to US Surplus Lines Growth April 29, 2025 By Chad Hemenway Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted...
World’s Biggest Companies Have Caused $28 Trillion in Climate Damage: Study April 25, 2025 By Seth Borenstein The world’s biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend April 24, 2025 By L.S. Howard Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...
Microsoft Security Vulnerabilities Set Record High in 2024: BeyondTrust April 21, 2025 Microsoft reported a record-breaking 1,360 vulnerabilities in its products last year, an all-time high and an 11% increase over the...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth April 16, 2025 By L.S. Howard The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the...
Europe’s Hottest Year Turbocharged Extreme Weather Across Region April 15, 2025 By Joe Wertz Europe experienced the hottest year on record in 2024, as climate change combined with a strong El Niño to generate...