Emerging Risks

The United States faces a growing challenge in securing affordable flood insurance as severe weather events become more frequent due to climate change. Flooding no longer threatens only coastal areas but increasingly impacts urban and inland regions. The result is a widening insurance protection

London's insurance sector is undergoing a significant transformation, spearheaded by the rapid rise of Insurtech. This shift is dramatically affecting hiring patterns and job market dynamics within the industry. Recent reports from Lloyd's of London indicate the most favorable

The insurance sector in the United Kingdom and Ireland has demonstrated remarkable financial growth over the past year, as detailed in Lane Clark & Peacock's (LCP) eighth annual Solvency II review. This comprehensive study scrutinizes data from 100 of the largest non-life insurers in the

The increasing acknowledgment of climate change's impacts has spurred industries and investors to seek out innovative solutions for managing associated risks. Addressing this demand, Howden has launched its pioneering Resilience Laboratory in collaboration with Microsoft, marking a significant

As the first half of 2024 came to a close, the U.S. insurance industry experienced significant signs of surplus recovery, driven primarily by notable gains in capital and improvements in underwriting. Despite looming threats such as natural disasters, cyber risks, and inflation, the industry

In light of recent attacks on oil tankers by Yemen’s Houthi militants, the cost of insurance for ships navigating through the Red Sea has seen a dramatic increase, raising concerns about the sustainability of using this crucial trade route. These events have caused a near-doubling of insurance r