Hong Kong: 1-in-500-year flood likely to have earnings impact on insurers

Published on September 14, 2023
The recent devastating flooding following Super Typhoon Saola in Hong Kong and other parts of China and Japan may further pressure upcoming reinsurance renewals, in what has already been a hard
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Arch launches proactive cyber insurance solution, Arch CyPro

September 13, 2023
Arch Insurance has announced the launch of Arch CyPro, a “pioneering cyber insurance solution designed to proactively safeguard businesses in an environment of rapidly evolving cyber threats.”According to the firm, Arch CyPro is powered by the Arch Cyber Risk Engineering Team (ACRE), a specialist cyber team integrated into every stage of the underwriting process.Marilyn Marshall, Executive Vice Pr

SCOR's 2024-2026 strategic plan could return insurer to profitability levels: Fitch

September 14, 2023
French reinsurer SCOR has set reasonably ambitious but achievable targets under its new 2024-2026 strategic plan to build a more balanced and resilient earnings profile while enhancing its