Canada’s Office of the Superintendent of Financial Institutions (OSFI) has announced the release of the final insurance capital guidelines.

Cowbell Cyber has announced the results of its Q2 cyber insurance risk report, the Cowbell Cyber Round-Up. The report offers insight into and rationale behind cyber insurance for SMEs.

Allstate has seen a drop in income and a small 0.9% dip in its consolidated revenues for the first quarter of 2022, as the company attempts to meet the challenge of inflation by re-aligning its business practices.

Global reinsurer SCOR and its subsidiary ReMark have entered a partnership agreement with Atidot on a solution designed to increase in-force business value for life insurers, which analyses policyholder behaviour and develops marketing strategies.

The Insurance Development Forum (IDF) has the appointed Michel Liès as its next Steering Committee Chair, bringing with him extensive experience of the insurance sector, having spent over 40 years with Swiss Re, including as Group CEO from 2012 until his retirement from the company in 2016.

Enstar has released its full-year 2023 results, announcing net income of $1.1 billion compared to a net loss of $906 million for 2022. The firm’s return on equity (ROE) of 24.2% for the year improved significantly from the prior year.

During Tesla’s recent Q1 2022 earnings call, Chief Executive Officer, Elon Musk, along with Chief Financial Officer, Zachary Kirkhorn, shared key details about Tesla’s new insurance offering that uses real-time driving behaviour data.