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Aon calls for national AI policy to ensure insurability: Kevin Kalinich

4th August 2025

Aon has called for a coordinated, whole-of-government approach to regulating artificial intelligence amid a rapidly evolving risk landscape, urging the establishment of a national policy framework to ensure insurability and effective risk management while promoting innovation. These insights were shared during a testimony delivered on July 30th, 2025, before a government ... Read the full article

Geopolitical instability tops aviation insurers’ concerns: IUAI

27th June 2025

Geopolitical instability has been identified as the biggest threat to the aviation sector by insurers, a new industry survey has revealed, with war and international conflicts as the top concern for two-thirds of respondents working for international aviation insurers and reinsurers. The findings come from research conducted by the International Union ... Read the full article

Rising uncertainty drives demand for re/insurance in Europe: Swiss Re

16th October 2024

Demand for re/insurance is up as the world experiences increasing uncertainty, and this volatile environment and elevated risk landscape creates both challenges and opportunities for insurers and reinsurers in Europe, said Swiss Re’s Leopoldo Camara ahead of this year's Baden-Baden. The current uncertain environment increases the need for dependable risk assessment, ... Read the full article

Insurance CEOs focus on workforce growth and generative AI: KPMG survey

16th October 2024

CEOs in the insurance industry are optimistic about their companies' growth potential over the next three years, even in the face of challenges related to digital transformation, talent acquisition, and sustainability, according to a survey of 120 leaders from around the globe. The KPMG CEO Outlook, now in its tenth year, ... Read the full article

Rise in P&C demand in a volatile market draws attention at RVS’24: Swiss Re

9th September 2024

Swiss Re expects growing demand for reinsurance protection to be a key topic of discussion at the 2024 Rendez-Vous de Septembre. As it has been noted, there has been a growing demand for protection in property and specialty lines driven by elevated natural catastrophe risks, macroeconomic instability and politically charged environment Urs ... Read the full article

Global IT outage won’t have lasting impact on rated universe: Morningstar DBRS

22nd July 2024

Despite expecting the July 19 global IT outage to cause widespread disruption across a variety of corporate and financial sectors, including an influx of cyber business interruption claims, Morningstar DBRS does not anticipate a lasting impact on its rated universe. In a recent report, the firm's analysts noted that the outage ... Read the full article

BI claims the likely focus of insured losses from Microsoft IT outage, say analysts

19th July 2024

Following today's Microsoft Cloud outage, analysts currently expect business interruption claims to drive the bulk of insurance industry losses, and question whether this could be the litmus test for cyber underwriters, notably UK headquartered, specialist insurer Beazley. One of the largest-ever IT outages hit companies across the world today, causing significant ... Read the full article

Howden Re Japan launches, broker partners with Keystone ILS Capital

3rd July 2024

Howden, a global insurance intermediary group, has entered the Japanese market with the launch of Howden Re Japan, and also announced a new insurance-linked securities (ILS) partnership with Keystone ILS Capital, a boutique consultancy focused on catalysing more active use of ILS in Japan. With Kentaro Tada as Chief Executive ... Read the full article

Insurers must pay attention to heightened geopolitical risk, Broadstone

26th June 2024

Insurers can no longer avoid the need to explicitly quantify geopolitical risk in their pricing, modelling and risk management processes, says Broadstone, the independent pensions, employee benefits, investment and insurance consultancy. Broadstone's latest Insurance Risk Monitor states that the current decade is shaping up to be one of the most unprecedented ... Read the full article

Business owners worried insurance would not cover specific loss or event: Gallagher

12th June 2024

Business owners are focusing on preparing for the unforeseeable as they worry their business insurance will not cover specific losses, a recent study by insurance broker Gallagher has found. A survey was conducted among 1,000 US business owners which revealed that 80% of the participants are worried their business insurance will ... Read the full article

Life insurers shifting more into the retirement space are increasingly exposed to market risk: S&P

6th June 2024

As sales of annuities - notably fixed annuities and fixed-indexed annuities - by U.S. life insurers have ballooned since 2021, S&P Global Ratings explores the challenges facing life insurers. In a recent report released by the firm, it reveals that demand for annuities, as well as other forms of private retirement ... Read the full article

Coalition report highlights growing need for enhanced email security

30th April 2024

According to findings from Coalition, an active cyber insurance provider, more than half (56%) of all cyber insurance claims in 2023 stemmed from either funds transfer fraud (FTF) or business email compromise (BEC), underscoring the importance of email security as a key component of effective cyber risk management. These insights are ... Read the full article

Coalition reveals new integrations with Microsoft 365, Google Workspace, & Amazon Web Services

16th April 2024

Coalition, an active cyber insurance provider, has revealed new integrations between Coalition Control, its cyber risk management platform, and cloud services providers, which includes Microsoft 365, Google Workspace, and Amazon Web Services. It has been confirmed that Coalition policyholders and Control customers can now connect Coalition Control with cloud services, in ... Read the full article

Naturally moderated P&C price momentum to persist: Goldman Sachs

20th March 2024

According to analysts at Goldman Sachs, the moderating pricing momentum in the Property and Casualty (P&C) sector has persisted in the early months of the year and is expected to continue throughout 2024. Goldman comments, “Price momentum has naturally moderated after the strong increases in 2020-21.” In 2022, there was a price ... Read the full article

Inflation, climate and legal risks among headline challenges for Euro P&C insurers in 2024

20th February 2024

As per a new report from Moody's, claims inflation and increased exposure to weather events are the "main credit risks" for European property & casualty (P&C) insurers in 2024. According to Moody's analysts, consumer price inflation is receding, but wage increases "will fuel a continued rise" in claims expenses. In turn, ... Read the full article

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