Europe burns while the PRA takes aim at funded re - IERM Weekly

<p>This week, on <em>InsuranceERM Weekly:</em></p><ul><li>Josh and Chris discuss the heat. Europe <a href="https://www.insuranceerm.com/analysis/heeding-the-warnings-on-city-wildfire-risk.html" target="_blank" rel="noopener noreferer">cities are sweltering</a>, wildfires are spreading and insurers are being forced to confront <a href="https://www.insuranceerm.com/news-comment/mitigation-is-bringing-previously-uninsurable-wildfire-risk-back-into-play.html" target="_blank" rel="noopener noreferer">what a hotter world means </a>for everything from catastrophe models and mortality assumptions to investment portfolios. Could relatively benign insured losses be masking a much more dangerous long-term trend?</li><li>Plus, Ronan gets under the hood of the UK’s funded reinsurance market as the <a href="https://www.insuranceerm.com/analysis/uk-insurers-resigned-to-funded-re-crackdown-but-hope-pra-softens-stance.html" target="_blank" rel="noopener noreferer">PRA prepares to dramatically increase capital requirements</a>.</li></ul>