Climate change presents significant risk for the insurance industry on both sides of the balance sheet, and KBRA offers a new metric to help investors dimension an otherwise amorphous aspect of climate risk to specifically move beyond assuming the level of credit risk is related to total emissions.

Insurers can play a leading role in closing the protection gap by helping people plan to reduce the risk of disasters before they strike, and by providing financial help after, said Denis Duverne, chairman, Insurance Development Forum, and chairman of AXA, in an exclusive interview with Insider Engage.

As Russia’s invasion of Ukraine intensifies, the international conflict is disrupting global energy supply chains since Russia is one of the world’s largest oil exporters.

As Russia’s invasion of Ukraine intensifies, companies in the US, EU, and other regions are facing increasing stakeholder pressure to restrict services and product sales in Russia. In response, a growing number of corporations have taken measures to halt business there. Global corporate action on the Russia-Ukraine conflict underscores the growing role consumers are playing in international policy.

For a long time diverse-owned companies have faced a number of challenges when it comes to accessing capital, however business diversity programs are making this a thing of the past, enabling diverse-owned companies to expand their network and unlock potential business opportunities.

Over the past two years US insurance companies' interest in integrating economic, social and governance (ESG) factors into their investment strategies has grown significantly.

Carbon emissions reduction targets are often important goals for major cities today, with municipalities and local governments across the globe coming up with individual or joint plans based on existing mechanisms or ones that reflect the circumstances and priorities of a particular city.

The European Securities and Markets Authority (ESMA) issued a “call for evidence” on February 3 as it begins a formal review of the environmental, social, and governance (ESG) ratings market in the European Union (EU).

President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, investing $550 billion above baseline levels (the equivalent of approximately 1% of GDP) in US infrastructure over the next five years.

As companies adjusted to employees working from home, and the experience of natural catastrophe striking new areas, the insurance industry is rethinking their claims processes, said Dave Chmiel, SVP, National Director of Claims North America, HUB International.

Inflation, supply chain issues and bumpy economic growth may hamper Brazil's insurance market, but harnessing tools, including AI, give the country great potential for growth, said Bruno Camargo, CEO, Fairfax Brasil said.

Latest figures show growth of 11% vs. 2020 for all lines

The growing hydrogen economy has the potential to cut global emissions. How prepared is the insurance market for these new risks?

Tasks that used to take days now take minutes, thanks to artificial intelligence and machine learning, said Kimberly George, global head of innovation and product development, Sedgwick.

Risk managers need to continue to review and appraise the insured value of their properties to keep up with changing conditions, said Patrick Collins, managing director at Kroll.

Mexico and Brazil compete for first place as the country to experience the most cyber attacks in Latin America

Almost 50 million Brazilians have private health insurance plans, a number that sounds big, but only covers just over one fifth of the country's population. It's no coincidence, therefore, that Brazil has long been identified as a market full of potential for health insurers.

Boosted by government incentives and the introduction of new products like parametric cover, agricultural insurance has posted solid growth in the past decade in Colombia, attracting new players into the market.