Air Lease Says 21 Jets Stranded in Sanctions-Hit Russia April 13, 2022 Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline...
One or Two Days in the Office Is the ‘Sweet Spot’ of Hybrid Work April 12, 2022 By Matthew Boyle Just one or two days in the office is the ideal setup for hybrid work, according to a new study,...
Secondary Perils Responsible for Growing Share of Disaster Claims: RMS April 8, 2022 By L.S. Howard Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
Aircraft Lessors Seeing ‘Horrendous’ Hikes in Insurance Premiums: BOC Aviation April 7, 2022 By Padraic Halpin The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes...
Power Outages Increase as Extreme Weather Inflicts Toll on Aging Grid, Vulnerable Citizens April 7, 2022 By Matthew Brown, Camille Fassett, Patrick Whittle, Janet McConnaughey and Jasen Lo Power outages from severe weather have doubled over the past two decades across the U.S., as a warming climate stirs...
Cities Drive Greenhouse Gas Emissions but Can Provide Solutions to Climate Change April 6, 2022 By Daniel Trotta The world’s cities are a big driver of planet-warming emissions but can play a major role in addressing climate change...
Reinsurers to Bear Brunt of Australia Flood Claims: AM Best April 5, 2022 The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact...
Global Insurers Want to Increase Private Equity Investments, as Inflation Hits Portfolios April 5, 2022 Insurers want to put more money into private equity this year as they contend with rising inflation and its effects...
Inflation a ‘Major and Growing Concern’ for Reinsurers April 4, 2022 With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly,...
Property Catastrophe Reinsurers Show Greater Risk Appetites as Price Hikes Continue April 1, 2022 Reinsurers have boosted their 2022 probable maximum loss (PML) exposures as higher prices continues to attract more capital to property-catastrophe...