Subsidence-related insurance costs could reach £1.9bn by 2030: PwC

Published on July 11, 2023
Sustained heat, floods and heavy rainfall could drive subsidence-related insurance costs to over £1.9bn by 2030, according to analysts at PwC. PwC's
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Cyber ILS deals an opportunity to "lessen tail risk" for expanding product line: Fitch

July 11, 2023
The issuance of Beazley's $45 million Cairney cyber catastrophe bond, and Hannover Re's $100 million, Stone Ridge Asset Management-backed retrocession

12 Homes Evacuated in Southern California City After Ground Shifts

July 11, 2023
ROLLING HILLS ESTATES, Calif. (AP) — Twelve homes were evacuated in a Los Angeles-area city after a major ground shift put them at risk of collapse, officials said Sunday. The city reported on its website Tuesday that 16 residents had …