California wildfires will add pressure to Bermuda reinsurers’ 2025 earnings despite strong capital positions and disciplined underwriting practices, the rating agency said.
Commercial insurers earnings are strong, but natural disasters, geopolitical risks, and mounting legal system challenges could upset the balance, the broker finds.
Commercial insurers maintain stability despite market challenges, as strong underwriting and pricing drive continued profitability, according to AM Best.
As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.
Flood adaptation measures are gaining focus among governments and insurers as research finds the benefit of investing in adaption outweighs cost of rebuilding after a disaster, reports Swiss Re.
AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds.