InsureTech

JBA Risk Management Updates Global Flood Model

The latest news from JBA Risk Management for you; Flood specialist JBA Risk Management has extensively updated its Global Flood Model, introducing enhanced hazard maps, a broad range of future climate event sets, and improvements […]

Insurance claims

After Inflationary Rises, Rebuild Costs Will Stabilise Says Prestige

The word from Prestige who see a period of price stability ahead on rebuild costs; Prestige Underwriting forecast that rebuilding costs will grow no more than 2% per annum until 2030, aligning with the UK […]

Global insurance trends

Renewals: CHL Updates Market on KPIs

A quick trading update from CHL; CHL, the ultimate parent company of Conduit Re, a pure-play Bermuda-based reinsurance business, provides a Trading Update in relation to the 1 January 2024 renewal season. Trevor Carvey, Chief […]

Insurance claims

Moody’s RMS Estimates Hurricane Otis Bill Could Hit $4.5bn

Moody’s RMS takes a look at the impact of Hurricane Otis, which affected Mexico recently, yet received very little mainstream media coverageMoody’s RMS®, the leading risk modeling and solutions company, estimates private market insured losses […]

Global insurance trends

Moody’s Hurricane Season Forecast 2023

The 2023 North Atlantic hurricane season officially gets underway on Thursday, June 1, and runs for six months through to Thursday, November 30. Ahead of the start of the season, Moody’s RMS offers some pointers […]

Life/Health/Critical illness

Moody’s Outlook for Life Insurers is Stable

The latest forecast from Moody’s for you; In April, we changed the outlook for the US life insurance sector to negative from stable. Although the global economy has begun to rebound, the recovery is fragile […]