Global estimated insured losses from natural catastrophes at $35 bn
Floods and storms drive global insured catastrophe losses of USD 38 billion in first half of 2022, Swiss Re Institute estimates
🇬🇧 UK Insurance News
UK Motor Insurance Results & Forcasts: Claims Inflation & Premiums Accelerates
Motor insurers last year recorded a Net Combined Ratio (NCR) of 96.6%, according to EY’s latest UK Motor Insurance Results
Insured losses from natural catastrophes estimated at $100bn
1H losses would be around 40% of the 10-year average of $11.1 billion for US seasonal catastrophes in that quarter.
London Insurance Market’s electronic placement platform has been delayed
The next phase of the London Insurance Market’s electronic placement platform NextGen 2.0 has been further delayed, this time to February of next year
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Lloyd's outlines how insurers are adapting war risk coverage, cyber war exclusions and pricing to geopolitical threats, hybrid warfare and rising exposure accumulation
AI data center insurance faces rising catastrophe, business interruption and power risks as infrastructure spending grows and electricity demand accelerates
Global reinsurance capital reaches $688 bn as InsurTech companies target AI liability, parametric insurance and automated underwriting to drive premium growth
US cyber insurance rates have declined 9.7% since the beginning of 2024. Across markets outside the United States, prices have fallen 24.5%