Author: Jakki Green
Insurers struggling with artificial intelligence adaptation
Despite forging ahead with generative artificial intelligence (gen AI) use cases and capabilities, many insurance companies are finding themselves stu [...]
European regulators show direction of travel on insurer standards factoring natural catastrophes
The European Insurance and Occupational Pensions Authority (EIOPA) is recommending updates to the way natural catastrophe risks are accounted for in i [...]
International insurance regulators publish roadmap for 2025-2026
The International Association of Insurance Supervisors (IAIS) has published its Roadmap 2025-2026, the first under the new IAIS Strategic Plan 2025-20 [...]
SanlamAllianz Re (Mauritius) receives A- rating from AM Best
SanlamAllianz Re (SAZ Re) (Mauritius) has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Ex [...]
African companies fear government’s ability to respond to major cyber attack, warns WEF
African businesses are more worried about their government’s ability to respond to major cyber incidents than colleagues in Europe or North America.
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ASR launches first Africa-focused Lloyd’s Consortium
Africa Specialty Risks (ASR), the Africa- and Middle East-focused (re)insurance group, has launched the first Africa-focused Lloyd’s Consortium.
Th [...]
Reinsurance market starts 2025 in strong position, suggests Aon
The reinsurance industry starts 2025 in a strong position, according to the final Reinsurance Market Dynamics report from Aon.
It reported that glo [...]
Strong reinsurer appetite drives excess property catastrophe capacity, says Guy Carpenter
Non-loss-impacted property catastrophe renewals saw notable risk-adjusted reinsurance rate reductions of 5% to 15% on January 1. However, there was a [...]
Insurers turn to facultative reinsurance as a strategic tool, suggests WTW
Facultative reinsurance is increasingly seen as a core element of risk management strategies; however, insurers may face significant barriers accessin [...]
Moody’s confident on property and casualty
Moody’s has changed its outlook for the global property & casualty (P&C) insurance sector to stable from negative.
The change reflects its [...]