Bermuda Regulator Eyes AI Governance Rules for Global Reinsurance Hub
The insurance sector faces new AI oversight as the Bermuda regulator eyes modeling risks.
Latest
AI Forces Insurers to Rewrite Risk Models, Senate Panel Told
A Senate Banking Subcommittee hearing underscored how artificial intelligence is simultaneously rewriting insurers’ actuarial playbooks and creating new, hard-to-price exposures that must be quantified to unlock reinsurance capital.
Why the Next Pacific Northwest Earthquake Won’t Just Shake the Ground
The next (and inevitable) Cascadia megaquake could instantly drop entire coastlines by meters, pushing ports, homes, and hospitals into the floodplain for generations.
A Direct Miami Cat 5 Hurricane Hit Would Be “Devastating” In Any Scenario: Moody’s
A Katrina-like storm in Southeast Florida would likely result long-term population loss and permanently higher insurance costs.
Markets
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Wildfire Risk May Fuel "Viscous Cycle" In Municipal Bond Market
Investors are beginning to demand higher yields from U.S. municipalities exposed to climate-driven wildfire risk, signaling a critical shift in how the bond market prices environmental vulnerability.
