News

Insurance

US P&C hits decadal reserve redundancy on 3rd year of ‘dramatic’ building

Reduced PYD and new reserving outside workers comp further put paid to 4Y span of deficiency.   11 March 2024

Insurance

Aspen confirms UK CEO, sets sights on Lloyd’s

The re/insurer looks to strengthen its London and Lloyd’s presence.   11 March 2024

Insurance

US regulators plot deep dive on homeowners insurance availability

Market headwinds might build ‘localised protection gaps’ beneath regulator radar: NAIC.   11 March 2024

Insurance

Cyber specialist Coalition enters long-term capacity deal with Aspen

Aspen to assume share of active insurance provider’s US cyber programs.   11 March 2024

Insurance

Lloyd’s hits record highs as UW profit more than doubles, strong rates ahead

S&P expects Lloyd’s to maintain reserve margin amidst inflationary pressures on casualty.   8 March 2024

Risk Management

Howden Tiger picks top executive to pioneer next-gen risk models with AI

New role dedicated to advancing risk management and catastrophe modelling using AI.   8 March 2024

Insurance

Lloyd’s expands peak-peril oversight to widening catastrophe roster

US flood, severe convective storm and wildfire plus NZ earthquake rival the core LCM5.   8 March 2024

Insurance

Subdued cyber claims can’t hold; low frequency looks temporary: Hiscox

A shift in cyber-criminal focus after the Russian invasion of Ukraine can’t hold forever.   8 March 2024

Risk Management

Aon buys AI-powered digital MGA in London

The broking giant invests in AI-powered fleet risk management technology.   8 March 2024

Insurance

Lloyd’s will deep dive on cyber to put oversight on par with nat cat

Lloyd’s has only ‘snapshots’ of possible outcomes, well short of a comprehensive view.   8 March 2024

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