All Insurance articles – Page 14
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News
Ian: NHC warns of 18 feet storm surge
Hurricane Ian is set to make landfall in southwest Florida as a category 4 storm with windspeeds up to 155mph
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Hurricane Ian close to Cat 5 in strength - RMS
NHC has Ian making landfall as a category 4 major hurricane near Port Charlotte shortly after 2pm local time
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Hurricane Ian bears down on Cape Coral, Fort Myers
The storm is on track to intensify to an intense category 4 hurricane before making landfall later today
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Hurricane Ian takes aim at Florida
Current forecasts show the storm skirting the west coast of Cuba before intensifying as it crosses the Gulf of Mexico
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Extent of Fiona-related losses depends on grid restoration
Hurricane losses in Puerto Rico and the Dominican Republic will be influenced by duration of BI due to power losses - AM Best
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Eiopa urges scrutiny of systemic risk exclusions
Carriers should pay particular attention to traditional war and terrorism exclusions that may cause ambiguity
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Aeolus and SUNY collaborate on hurricane prediction
The research will look at the medium-term time forecast horizon, using machine learning techniques
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Fidelis introduces new fossil fuel restrictions
Pledges are in line with Fidelis’ recently made pledges as a member of the Net-Zero Insurance Alliance
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Marsh clients can use carbon credits in lieu of broker fees
Program (in partnership with Bank of America) provides ‘another incentive’ for clients to invest in carbon removal
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UK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
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Hurricane Fiona threatens Bermuda as a cat 4
After a remarkably quiet hurricane season to date, Fiona is gaining strength as it passes over Grand Turk Island
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Support our transition journeys, FERMA urges re/insurers
Exclusions, limited or unavailable cover are ‘punishing’ insureds for embracing the green transition, says European risk association
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New cyber syndicate gets green light from Lloyd’s
Trium Cyber, a risk carrier backed by Jim Stanard’s Pelican Ventures, expects to write $50m of gross premiums in 2023
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AXA launches forest restoration program
Research from the program will be shared at a European level, to strengthen biodiversity and climate resilience
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Gallagher Re names Swiss Re’s Choniski head of Embedded Insurance
He will be responsible for creating an embedded insurance solution for clients in North America
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Asta and Acrisure to launch 'low-touch' Flux syndicate
Flux is expected to generate gross written premium of £106.7 million in 2023, of which 70% is new to Lloyd’s
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Gallagher Re names Steve Bowen chief science officer
He joins following 15 years at Aon, where he most recently served as managing director and the head of Catastrophe Insight
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Basi: Ukraine is the ‘Hurricane Andrew’ of the specialty markets
Industry must brace for profound changes ahead as economies shift away from globalisation after three decades
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SCOR UK names Chris Beazley CEO
The former MS Amlin CEO takes over from Stuart McMurdo, who was appointed CEO of Reinsurance in June, replacing Michel Blanc
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MS Amlin loses ‘Amlin’ name in rebrand
’MS Reinsurance’ will continue to underwrite from its platforms in Zurich, Bermuda, Miami and New York