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It is not unusual for the proceeds of a D&O policy to be assigned in a corporate bankruptcy, but is the PG&E case a genuine outlier or the sign of a trend, asks Ralph Stainbank of Liberty Mutual Reinsurance. 7 November 2023
Insurance
Aon’s US Reinsurance Solutions business has identified growth areas for its clients amid a greater sense of comfort in the market, say Stephen Hofmann and Kevin Traetow. 7 November 2023
Insurance
Building in high-risk areas and California’s failure to allow sustainable insurance rates are exacerbating climate-related risks, an APCIA panel agreed. 7 November 2023
Insurance
The management of wildfire risk must be a society-wide effort with the emphasis being on proactive, not reactive. 7 November 2023
Insurance
This renewal will be calmer than last year’s, and reinsurers will be looking at clients on a case-by-case basis: Aon. 7 November 2023
Insurance
Amid complex market conditions, Holborn is helping its clients find solutions by leveraging a unique approach entailing bespoke risk models developed for client-centric risk strategies, say Daniel Zitelli and Scott Rosenthal of Holborn. 7 November 2023
Insurance
Offering flood insurance under the National Flood Insurance Program can be a win-win for insurers—but not enough are doing it. 7 November 2023
Insurance
Version 23 includes updates to existing models for core perils and for climate change views. 7 November 2023
Insurance
Flood models have improved dramatically but a challenge is around educating insurers that this risk is insurable. 7 November 2023
Insurance
Extensive and much-needed regulatory reforms in Florida appear to have worked with new insurers launching—but reinsurers remain wary. 7 November 2023
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