News

Northdoor Comments on £29m Starling Bank Fine

Starling Bank has been fined £29m for failings in financial crime systems, which saw the bank open 54,000 accounts for 49,000 high-risk customers between September 2021 and November 2023. This shocking figure comes at a […]

News

DBRS Morningstar Looks at Potential Insured Losses From Hurricane Milton

Here’s the latest analysis of Hurricane Milton from DBRS Morningstar; The U.S. National Hurricane Center’s most recent estimated trajectory of Hurricane Milton places the entry point of the storm about 40 miles south of Tampa […]

Global insurance trends

South Africa in Focus For KPMG in Latest Insurance Survey Report

The word from KPMG who have a new report looking at market trends in South Africa; KPMG South Africa has launched its annual South African Insurance Industry Survey for 2024, its 26th anniversary edition, which surveyed […]

News

Parametrix Estimates CrowdStrike Losses at $5.4bn

Some data from Parametrix, who have been working out the losses suffered by US companies after the CrowStrike event; Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, estimates that the total direct […]

Technology

CrowdStrike: The Cloud as a Contagion Platform

Yes we have more analysis and comment of the CrowdStrike outage, which carries so many hard lessons for the insurance sector. This piece actually explains it very concisely, plus touches on the contagion issue. That […]