Non-life premium growth across the region slowed to 5.1% from 7% in...
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S&P affirmsd its ‘A-‘ long-term issuer credit and financial strength ratings on India International Insurance Pte
``While India International plans to expand cautiously in cargo and...
PHP vulnerabilities raises concerns of systemic event for cyber insurers
A significant gap between economic and insured losses is expected...
Moody’s launches Casualty Risk Intelligence Group, to contribute insights for global casualty (re)insurance market
The casualty industry faces increasing complexity, ranging from longstanding tort exposures and mass litigation to emerging risks such as artificial intelligence liability, as firms navigate a rapidly evolving landscape. Against this backdrop, casualty (re)insurers...
French riots seen as insurance test before new regime kicks in
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. The damage wrought cross France by the recent street...
FM expands alternative risk transfer solutions
Laurel Rudnick, chief underwriting officer, FM FM’s alternative risk transfer solutions are designed to work alongside traditional property insurance rather than replace it. By combining innovative risk financing options with FM’s scientific research, engineering...
Container Ship sinks in Strait of Hormuz as attacks ramp up
The total loss of a container ship like the GFS Pride is relatively rare, with just 33 such events between 2016 and 2025, according to insurance provider Allianz Commercial. The risks to all kinds of trade through the strait have risen sharply as Iran ramps up attacks...
French supermarkets’ cyber insurance unlikely to cover food losses, insurers say
Cyber insurance typically does not cover physical losses from attacks and supermarkets’ claims could be affected if they lacked the latest software updates, four insurance brokers told Reuters. The attack’s total costs could add up to tens of millions of euros...
Cost and stigma affect access to professional mental health care, AXA report
As a barrier, stigma varies too and is often rooted in social and cultural attitudes. The research finds it is a greater barrier in countries such as the UK, South Korea and Hong Kong than in Switzerland, Turkey and Thailand. London: New research from AXA Global...
Growing and interconnected climate risks require appropriately priced insurance: Munich Re
Artificial intelligence, geopolitical tensions and growing digital interdependencies are changing both the frequency and nature of cyber risk. At the same time, the economic cost of cybercrime continues to rise, Patrice Michellon, Chief Executive for Continental...
Insurance regulators tightening rules for asset-intensive reinsurance, promote alternative forms of insurance risk transfer
Regulatory bodies in Singapore, Hong Kong and the UK have launched consultations to introduce innovative risk transfer solutions built on protected cell companies. They aim to improve access to insurance covers for SMEs and to better spread peak natural catastrophe...
Four Nations Insurance Alliance: Tackling rising risks of economic resilience
Insurance bodies representing Australia, the United Kingdom, Canada and New Zealand announced the formation of the Four Nations Insurance Alliance.The partnership has been established in response to common problems that have been growing across the four economies,...
AI becomes experts’ top concern, ahead of climate change:AXA Future Risks Report
Thomas Buberl, chief executive officer,AXA, said,``In a world where risks are evolving faster, multiplying and becoming increasingly interconnected, insurance is an essential factor of stability. This edition of the AXA Future Risks Report shows that, while artificial...