All News articles – Page 105
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NewsAGCS: Bigger ships, bigger exposures
Suez Canal incident shows ever-increasing vessel sizes exacerbates marine and supply chain risks
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NewsGerman flood claims to approach €5 billion
Restoration of infrastructure such as water and gas pipes, power lines, and roads could take weeks, even months, warns AIR Worldwide
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NewsHiscox boosts profit in first half of 2021
Chief executive confirms that nearly 4,000 full and final or interim BI claims payments have been paid as at the end of July
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NewsCFC names Graeme Newman CEO
As CEO, Newman will lead all aspects of CFC’s underwriting business based in London, including the company’s growing data, technology and operations functions.
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NewsSwiss Re posts strong profit of USD 1.0 billion in first half 2021
Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “We are very pleased with the improved profitability achieved by the Group in the first half of this year.
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NewsCII exposes cyber risk knowledge gap
More than half of insurance professionals have reported that their knowledge of cyber risks is virtually non-existent, despite their employer providing cyber cover, according to research by the Chartered Insurance Institute (CII).
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NewsGallagher reports £2.1bn revenue rise for broker segment
Gallagher has reported a £2.1bn ($3bn) rise in revenue for its broker segment during the first half of 2020 in its Q2 results (29 July).
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NewsMore funding for flood risks insurer
HSCM Bermuda is among the latest investors in an American flood specialist insurance company.
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Yesterday morning (28 July 2021), an activist from climate change action network Insurance Rebellion was arrested after throwing a bucket of green paint over the Lloyd’s of London building at 1 Lime Street.
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsMcLarens taps Broadspire in TPA expansion
Reporting into global head of TPA, Kirsten Early, the six-strong team will support the development of McLarens’ TPA capabilities
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NewsAborted Aon WTW deal a “victory for competition”
Insurance buyers stand to benefit from greater choice as regulators lose appetite for monopolistic tie-ups - Brokerslink
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NewsLloyd’s of London hires ex-cabinet secretary Sedwill in council role
Lloyd’s of London has hired Mark Sedwill, Baron Sedwill of Sherborne, as its senior independent director and deputy chair of Lloyd’s Council.
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NewsBought By Many scoops ex-Spotify lead as new chief product officer
Bought By Many has hired former Spotify design lead Lidia Oshlyansky as its new chief product officer.
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NewsArdonagh Group creates new European business
The Ardonagh Group has announced the creation of Ardonagh Europe as it prepares to expand its buy and build model.
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NewsCDL reports £52.7m turnover for 2020
Insurtech CDL has reported a £52.7m turnover for the 12-month period ending 30 September 2020, as well as £11.5m in pre-tax profits.
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Global commercial insurance prices increased by 15% in Q2 2021, according to the Global Insurance Market Index released today (27 July 2021) by Marsh.
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NewsBeware the catastrophe COVID clash
A major catastrophe impacting Florida, California, Texas, Missouri, or Louisiana could be complicated by COVID-19
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NewsAon and WTW call off mega merger
Brokers terminate merger agreement following “an impasse” with the US Department of Justice
