US, Philippines Pay Highest Economic Price for Climate-Fueled Weather February 28, 2024 By Leslie Kaufman The United States and the Philippines are the countries hit hardest by climate-driven extreme weather, measured as a percentage of...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report February 28, 2024 By Lucy White The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds...
Clyde & Co: M&A Activity to ‘Start to Increase Through 2024’ February 27, 2024 The number of worldwide mergers and acquisitions in the insurance sector in 2023 dropped to 346, down from 449 in...
Risk Models Behind Insurance-Linked Securities Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
Fitch: Homeowners Insurers’ Results to Improve In 2024 February 23, 2024 U.S. homeowners’ insurance is in position to improve in 2024, according Fitch Ratings. The rating agency said premium revenue growth,...
Insurers’ LNG Support at Odds With Their Climate Ambition, Report Says February 21, 2024 By Aaron Clark The underwriting of liquefied natural gas (LNG) capacity in the US by major global insurers is at odds with their...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best February 21, 2024 By L.S. Howard Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Flying Got Safer Last Year Almost Everywhere Except Russia February 20, 2024 By Anthony Palazzo Flying further improved its safety record last year, extending a long-term trend that’s set to continue despite quality lapses at...
Remote Workers Often First to Get Laid Off Despite Legal Risk February 20, 2024 By Khorri Atkinson Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work...