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AIREuropean flood claims could reach €6.5 billion - RMS
Germany is the dominant contributor of loss to the event with about 70 percent of the total loss, followed by Belgium with about 25 percent
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AIR2021 on target for economic growth of 6.2% - Atradius
Pace of recovery is “generally surprising” among advanced markets, but new COVID variants pose a threat
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AIRRussell Corbould-Warren: The ex-Uber boss reinventing insurance for independent workers
After witnessing first-hand, the life changing impact of insurance for independent workers at taxi ride-sharing giant Uber having reinvented insurance once there, Russell Corbould-Warren moved to insurtech, Collective Benefits (Collective) to do it all again.
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AIRInsurers have paid more than £750m in interim and final BI payments to date
Since the Supreme Court’s January decision in the FCA’s test case around Covid-19-related business interruption (BI) claims, a total of £756,846,662 has been paid out by insurers for either interim or final BI claims payments across 20,347 claims, according to updated data published by the FCA yesterday (14 June 2021).
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AIRInsurer and broker confidence on the rise, despite pandemic regulatory road bumps
General insurer and broker confidence is rising this quarter, despite the pressures both are facing from the FCA pricing crackdown and the business interruption test case, a joint survey by PwC and the CBI has reported.
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AIRInsurtech sector backs FCA’s ‘price walking’ ban as move towards restoring trust
The insurtech sector has backed the FCA’s move to ban ’price walking’ as a step towards gaining customer’s trust. The FCA revealed in its pricing practice report yesterday that new and existing insurance customers would now be charged the same price, and that the loyalty penalty would end.
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AIRILS is needed to transfer cyber risk – AIG’s Duperreault
The ILS market needs to turn its guns on cyber risk, if the emerging threat is to be contained, Brian Duperreault told SIRC 2018
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AIRSingapore’s finance minister opens SIRC 2018
Singapore’s minister of finance addressed SIRC 2018 as the official keynote speaker and guest of honour
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AIRRegional hubs Dubai and Singapore have much in common
Roger Bickmore hosted a GR roundtable discussion at SIRC 2018 on the links between Asian reinsurance and MENA business
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AIR AIG finalises $5.5bn Validus acquisition
The $5.56bn transaction was first announced in January
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AIRAdvent and Brit to merge Lloyd's business
Advent and Brit will merge parts of their businesses in response to the challenging marketplace
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AIRAXA and XL announce first joint branding operation
The new group, called AXA XL combines XL Group operations, AXA Corporate Solutions and AXA Art
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AIRSwiss Re will not provide re/insurance to businesses with more than 30% coal exposure
The implementation of the coal policy is ensure Swiss Re is aligned with the Paris Agreement.
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AIR Liberty rebrands reinsurance division and launched Italian operation
Former Guy Carpenter manager heads up Italian operation
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AIRNew normal prompts reinsurer action: Willis Re 1st View
Willis Re CEO urges carriers to adjust business models in light of ’new normal’
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AIRHow AI and Machine Learning Are Disrupting Reinsurance Portfolio Optimisation
AI the key to unlocking efficiency gains
