Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils, which is leading ...
Coalition announced it has launched a full-stack cyber insurance carrier. Coalition Insurance Company (CIC), which the InsurTech calls the "the first full-stack, active ...
A hard market in short-tail lines — such as property and property catastrophe — across global geographies is likely to continue throughout 2023, after beginning the ...
There is no one answer to the overall insurance industry's place within its cyclical path. Each product line needs to be looked at individually, according to Robert ...
AIG late Monday terminated interim Chief Financial Officer Mark Lyons after he "violated his confidentiality/non-disclosure obligations," the company said.
A new excess layer cyber facility, called CyXS, was launched by WTW, providing excess layer cyber capacity for global clients.
Key elements of the facility ... The most challenging January reinsurance renewals in nearly two decades saw global property-catastrophe rate increases of 25-60 percent, with loss-affected clients facing ... A year after the most destructive wildfire in the state's history scorched nearly 1,100 homes, Colorado lawmakers are considering joining other Western states by adopting ... When it comes to climate impacts, the front line of the finance industry is insurance. Last year's payout from damages caused by extreme weather events totaled $120 ... Tesla Inc.'s electric vehicles are expensive to repair — so much so that the automaker and insurers are addressing the issue in sharply different ways.
WTW Launches Cyber Facility, Providing Excess Capacity Globally
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle
AI Wildfire Detection Bill Gets Approval in Colorado
Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself
Tesla, Insurers Address Expensive Repairs in Sharply Different Ways
