The annual survey of P&C insurers revealed the continuing pressures from the global pandemic and hardening market conditions, but underscores the industries capacity to stay resilient. While Hurricane Ida’s $20bn+ loss adds greater strains, a long-term outlook is necessary to press forward.
A global second wave of Covid-19 is likely on the near horizon, and S&P warns it will further erode re/insurer’s capital buffers into the second-half of 2020. Property...
With the rise of natural disasters and the explosion of high-quality location-based data developed by specialist companies, insurers need adequate tools to get a...