Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
Cleaner Shipping Fuel Is Contributing to Ocean Warming: Report May 31, 2024 By David Stanway Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulfur dioxide (SO2) pollution, but may also...
US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re May 30, 2024 Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within...
Fewer Top Women Earners in British Financial Services Since Pandemic: Report May 28, 2024 Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic,...
US Home Insurers Post Net Combined Ratio Over 110: S&P May 23, 2024 The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis...
Climate Change Made Recent UK and Ireland Storms Much Worse May 22, 2024 By Jessica Shankleman The heavy downpours seen in the UK and Ireland last fall and winter were about 20% worse because of climate...
AI-Intensive Sectors Are Seeing Productivity Surge: PwC May 21, 2024 The types of business which are most likely to use artificial intelligence are seeing growth in workers’ productivity that is...
Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report May 17, 2024 More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British...
Overall US P/C Combined Ratio Improves in 2023 but Trouble Spots Remain: S&P May 16, 2024 The U.S. property/casualty industry’s net combined ratio improved in 2023 to 101.7 from 102.5 the prior year, according to S&P...