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Casualty

Set Alert for Insurance Day Markets :: Casualty

Munich Re joins calls for IFRS 17 delay

The new accounting rules are due to come into force in January 2021
Europe Property

US insurers’ asbestos outlays rise 9% to $3.2bn in 2016

Insurers have $13bn in unfunded asbestos liabilities, AM Best warns
North America Casualty

Frustration at delay to discount rate reform

Insurance industry insists reforms should move forward, as Justice Committee calls for further evidence 
United Kingdom Casualty

US biometric data rules to drive surge in privacy claims

Growing number of actions being brought under Illinois state’s Biometric Information Privacy Act, which other states may follow
Legal focus Cyber

'China a tough nut to crack for global re/insurers'

Strong competition, discriminatory regulations, and a lack of understanding of local conditions mean that foreign re/insurers have found the world's second-largest economy a particularly difficult one to access
Asia Pacific Property

US cyber insurance renewal rates decrease for third consecutive quarter: Marsh

 Globally average insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter

Marsh Casualty
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