Parametric solutions are being 'increasingly used' to address the growing complexity of the risk landscape for property assets, Beazley says

Florida carrier could raise up to $340m from the share offering

Sector books 34% decline in pre-tax operating income to $19.6bn, analysis of results by AM Best finds

Sector books 98.8% combined ratio in first quarter of the year, following $50bn of wildfire-driven insured losses

Regulatory body says definition of AI is too broad and ban would hamper oversight of insurer models

Final figure is slightly lower than the loss aggregator’s previous estimate of €1.58bn, issued six months after the event

Modelling from Lloyd’s Lab alumnus Synthetik reveals ‘significant aggregation risk’ from civil unrest following a catastrophic event

Insurance association marks victories despite failure of major tort reforms bill

New directive, which seeks to remediate the congested civil trial roll, will have an impact on insurance disputes

Proposed laws would have limited personal injury awards and shielded trucking firms

Unit will offer property, general liability, umbrella and commercial motor covers

The development of new talent must happen at pace if the insurance industry is to meet the challenge of an expanding market