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In the first half of 2025, recalls totaled 1,636, slightly down from 1,697 in the same period of 2024. Units affected fell to 211.25 million, compared to 384.17 million a year earlier, the lowest half-year figure in a decade. For insurers, this reflects reduced exposure to large-volume losses but continued pressure from the rising frequency of incidents.
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[ad_1] “Traditionally, investing assets on behalf of insurance companies was a relatively straightforward matter of matching assets and liabilities. Now, not only are insurers looking to invest in higher-yielding private asset assets, it also makes sense for them to invest more in equity or equity-like structures,” Zhu said, pointing to a recent investment in a…
[ad_1] One wholesale broker’s view on FAIR problems – and where the next great opportunity might be coming from [ad_2] Source link
[ad_1] Most frequently cited vectors of attack identified [ad_2] Source link
[ad_1] David Lewis, managing director at Kroll, said that financial institutions must keep pace with evolving threats, as illicit actors continuously adapt. Brent Tomlinson, co-president of risk advisory at Kroll, adds that professionals in the sector face increasing uncertainty, requiring strategic decision-making. [ad_2] Source link
[ad_1] Total global premium income grew by €557 billion to reach €7.0 trillion in 2024. Life insurance accounted for the largest share of this, generating €2,902 billion in premiums. Property and casualty (P&C) insurance followed at €2,424 billion, while health insurance contributed €1,682 billion. [ad_2] Source link
[ad_1] At the heart of the proposal is a state-administered insurance pool, funded through a combination of legislative appropriations (capped at $25 million), fees from participating managers, and interest income. Liability coverage would be limited exclusively to prescribed burns conducted by certified individuals, with exclusions for workers’ compensation, automobile liability, and other professional liabilities. [ad_2]…
