Insurers should brace for more civil unrest, warns new predictive SRCC model
Political violence risks have worsened globally since 2021, and 85% of US cities face high SRCC risks in next 12 months, writes Torbjorn Soltvedt, principal analyst at risk intelligence company Verisk Maplecroft.
Latest updates
BMS appoints Clarke chairman, announces completion of Eurazeo PE investment
The independent specialty and reinsurance broker has brought on board its new chairman and French private equity investment.
DIFC on track for 20% re/insurance client growth
Gross written premiums in the first half of 2023 increased up 18% on the year before, reaching $1.2bn, with DIFC’s re/insurance client growth led by new MGA licences.
Miller, CWD partner to offer Black Sea marine war risk coverage
The shipping situation in the Black Sea has led Miller and Clearwater Dynamics to partner with Ukrainian authorities to offer marine war risk coverage.
Aon launches FI Protect 360
A London market collaboration to “blend” traditional financial and cyber risks, Aon’s FI Protect 360 has access to $100m capacity per client.
Ronda appointed Howden Tiger CEO
Ronda joined TigerRisk Partners in October 2021 from Aon where he was latterly global geographic leader of Reinsurance Solutions.
Arch Insurance appoints new MD in Bermuda
Matthew Smith is an internal appointment to managing director for the insurer, after the retirement of Tony Hay.
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