US insurance prices rise in Q3 but pace slows
US commercial insurance premiums rose 8.1% on average in the third quarter, with property rates continuing to surge, according to…
UK and US agencies release joint AI cybersecurity guidelines
The UK’s National Cyber Security Center (NSCS) and the US Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA)…
North American buyers face hardening rates into 2024: WTW
North American insurance buyers continue to see rate increases across most lines, albeit primarily in the single digits, while the…
UK exposed to millions in additional flood losses from climate change
The impact of climate change will add millions to the UK’s losses from flooding, according to a new study from…
Cost of electronic vehicle repair wiping out sustainability gains
High cost of repair is resulting in too many electric vehicles being written off, eroding any sustainability benefits, warns vehicle…
The Swedish Club offers cyber cover to P&I buyers
Protection and indemnity (P&I) mutual The Swedish Club will add cyber insurance to its offering to shipowner members from 1…
Rate increases drive QBE’s Q3 premium growth
QBE said premium growth of 7% for the third quarter of 2023 to $17.4bn was driven by average renewal rate…
Tokio Marine HCC boosts UK professional risks team
Tokio Marine HCC International said it wants to pursue further growth in the UK regional professional risks market on appointing…