Main trends that are making insurers shift to risks prevention
The two main trends that are making insurers shift to prevention are the growing complexity of risks society faces, and the ever-increasing availability of data
Insurance News
Insurers are relatively well prepared for a recession
The privately owned bank also predicts a shallow recession in 2023 across Europe, the UK and the US, according to a newly issued sector note by Berenberg
How insurers can help to reduce climate change impact in Africa
Through analysis, underwriting, investment and advice, insurance sector of Africa is helping to understand the complexities of climate change, working with policymakers to reduce its impact and create new opportunities
Insurers and Policymakers must work together to tackle protection gaps
Significant protection gaps exist in societies and economies around the world and coordinated action is required from policymakers, insurers and the public to address them. … Read More »Insurers and Policymakers must work together to tackle protection gaps
Home and Auto insurance Startup Branch raised $147 mn
Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion
McGill in partnership with FortuneGuard and ARX introduced a new war risk reinsurance facility to provide commercial property coverage in Ukraine
In the US, two major hurricanes and frequent severe thunderstorms accounted for at least two-thirds of the year’s global insured losses, which currently exceed $135 bn
The global economy is poised for further solid expansion. We forecast global real GDP growth at 2.8% in 2025 and 2.7% in 2026, roughly in line with 2024
The London re/insurance market sees a growing push toward digital approaches. Enhanced underwriting stands out as a new direction for companies