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Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
As the UK goes through a cycle of heatwaves that are expected to become the ‘norm’ in the not too distant future , wildfires, often thought of as a problem of countries with warmer climates, are now a real and growing risk in the UK. 2022 was a record wildfire year until 2025. In 2022, 983 wildfires in England and Wales met one or more of the National Fire Chief Council’s (NFCC) strict criteria for a wildfire; the fire involved a geographical area of at least one hectare (10,000 square metres)
Shield your organization both from unnecessary costs and insurance shortfalls. Risk analytics can help you drive optimized risk retention, insurance limits and deductibles. If you’re under pressure to find cost savings, you may be asked to cut spend on specific risk lines. Risk managers who do this may see their organizational stock rise in the short-term, only for it to crash if they leave the business facing insurance shortfalls if there’s a claim.
The bulk purchase annuity (BPA) market has demonstrated remarkable resilience despite shifting economic conditions. Demand remains strong, but the continued focus on regulatory developments and evolving longevity expectations will require insurers to stay agile in 2025. 2024 sustained the momentum from the previous year, with a record-breaking number of transactions taking place.