S&P Global Ratings News

Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the...

AM Best announced it has suspended all commercial activities to clients in Russia and has withdrawn all credit ratings on...

With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and...

For the fifth consecutive year, insured losses from natural catastrophes are expected to be at or above global reinsurers’ budget...

The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and...

Reinsurers’ estimates of their exposure to natural catastrophe risk could be underestimated by 33%-50%, according to a report published by...

Though estimates of Hurricane Ida’s impact on the insurance industry vary, both AM Best and S&P Global Ratings say losses...

With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...

Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from...