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Is it time for a new approach to systemic cyber?

Systemic cyber risk needs to be tackled with more capacity and ways of dealing with the attritional cyber market. ....

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Is it time for a new reinsurer to enter the market?

“The reinsurance market hardened overnight dramatically. Capacity was gone, pricing was up," Wolfe said at the conference. ....

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What we can expect from future reinsurance renewals

The extreme reinsurance rate increases that insurers saw this year won’t be sustainable for future renewals, experts say. ....

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What's driving Canadian insurers' reinsurance rates?

What's driving Canadian insurers' reinsurance rates?
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Canadian Insured Losses From Catastrophic Events Exceed CAN $2 Billion In 2021

Western Canada bore the brunt of 2021’ s wrath, as fires, windstorms, and record-smashing flooding lashed British Columbia and the Prairies.“ Climate-related catastrophes in Canada are increasing in frequency and severity and impacting our communities like never before,” said Lisa Guglietti, EVP and Chief Operating Officer, P&C Manufacturing at The. ....

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