All geopolitical risk articles – Page 2
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Cyber newcos are seeding the pipeline, reveals AM Best
There is significant opportunity to innovate as the risk landscape evolves, but reinsurers are taking a more conservative approach to risk
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Insuring the transition
The industry has a ‘once in a lifetime’ chance to support the transition to Net Zero. So what are we waiting for?
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Lloyd’s sets cyber policy exclusions for state-backed attacks
Managing agents must show that exclusion clauses have been legally reviewed
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Munich Re reveals €130m of drought losses in Q2
The reinsurer generated a profit of €1.4 billion in the first six months of the year driven by strong organic growth in property-casualty reinsurance.
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Mid-year renewals: Inflation takes its toll
Pricing was near “distress levels” at mid-year as reinsurers face their toughest market since 2008, says Gallagher Re
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Re/insurance has never been more valued - Lloyd’s boss
The insurance industry’s role is not just about helping clients recover but also building resilience, says John Neal
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Lloyd’s warning over state-sponsored cyber attacks
Cyber attacks targeting critical infrastructure rose from less than 10 in 2013 to almost 400 in 2020
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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“No room for complacency” in shipping industry
Crew and port congestion challenges and the war in Ukraine are among the challenging headwinds - AGCS
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Fitch lowers reinsurance sector outlook to neutral
Russia-Ukraine war represents a “mid-sized catastrophe event” as hard market begins to ease
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PCS: Ukraine losses to exceed $20 billion
Ultimate losses will likely be much higher with potential for the conflict to surpass 9/11
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Marine war, property and aviation exposed to Ukraine losses
With ports closed and commercial shipping activities reduced, less impact on marine liability is anticipated - Miller
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AIG looks to pull back from Russia and Ukraine
The insurance giant is understood to be considering adding exclusion clauses to policies for firms operating in the region
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Ukraine drives Q1 losses up to $30 billion - Guy Carp
An active natural catastrophe period combined with the Russia-Ukraine conflict are driving claims severity
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Ukraine crisis adds to inflation risk for insurers
Persistently high inflation will increase P&C insurers’ claims, eroding their earnings - Moody’s
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Russia sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers react to ongoing sanctions
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Orderly renewal at 1 April - Gallagher Re
Capacity largely sufficient in most classes as inflation becomes a key topic
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APAC faces heightened geopolitical risk
The Asia Pacific region will probably be the most geopolitically charged region going into 2022, warns Dragonfly
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