Risk Models Behind Insurance-Linked Securities Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
Fitch: Homeowners Insurers’ Results to Improve In 2024 February 23, 2024 U.S. homeowners’ insurance is in position to improve in 2024, according Fitch Ratings. The rating agency said premium revenue growth,...
Insurers’ LNG Support at Odds With Their Climate Ambition, Report Says February 21, 2024 By Aaron Clark The underwriting of liquefied natural gas (LNG) capacity in the US by major global insurers is at odds with their...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best February 21, 2024 By L.S. Howard Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Flying Got Safer Last Year Almost Everywhere Except Russia February 20, 2024 By Anthony Palazzo Flying further improved its safety record last year, extending a long-term trend that’s set to continue despite quality lapses at...
Remote Workers Often First to Get Laid Off Despite Legal Risk February 20, 2024 By Khorri Atkinson Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work...
Hamas-Linked Hackers Targeted Israeli Engineers Ahead of Oct. 7 Massacre: Research February 15, 2024 By Agatha Cantrill A pro-Palestinian hacking group targeted Israeli software engineers as part of an attempt to dupe them into downloading malware weeks...
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best February 15, 2024 By L.S. Howard Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions,...
Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6% February 14, 2024 By Chad Hemenway The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data...
Migratory Animals in Peril From Overhunting, Habitat Loss: UN Report February 12, 2024 By Leslie Kaufman Every year, mammals, birds, fish and insects make epic migrations between habitats. The humpback whale, famously, can travel 5,000 miles...