All News articles – Page 125
-
NewsIn support of a green economy
Europe suffers from some of the most severe fossil-fuel-company insured losses in the world, according to PCS data
-
NewsCyber: Lessons from the Sunburst hack
The SolarWinds attack has awoken risk managers to the threat of Trojan-Horse type supply chain incidents
-
NewsHard market drives captive usage
Airmic urges insurers and brokers to place a stronger emphasis on claims capabilities at renewals
-
NewsCOVID-19 prompts “evolution in risk management”
Prior to COVID-19, a pandemic/health crisis was not a ‘top ten’ risk for 82% of firms globally - risk survey
-
-
NewsPandemic’s second wave threatens to derail Dubai’s tourism surge
Dubai, one of the few destinations open to international travellers since July, has yet to impose the toughest restrictions after record daily infections in the UAE, in the hope that vaccinations will spare a repeat of last year’s lockdown.
-
NewsPing An Insurance annual profit drops for first time since 2008
The insurer reported a 4.2% drop in annual net profit, in part due to a slowdown in agent sales.
-
NewsVaccination delay could cost EU economy 90 bln euros - Allianz study
The EU faces a potential 90 billion euro ($108.19 billion) hit to its economy this year unless it catches up with the pace of COVID-19 vaccinations in other regions, a study showed on Wednesday.
-
NewsCyber insurers see ‘strong growth’ for coverage after spate of online scams amid lockdown
Despite this, insurers must have adequate capacity to cover evolving cyber fraud
-
NewsAM Best: UK Commercial Property Insurers Looking Beyond Difficult 2020
Disputes around non-damage business interruption (BI) cover, which made 2020 a difficult year for U.K. commercial property insurers, should subside in 2021.
-
NewsInsurer AIG pays $12 million fine in NY pension transfer probe
The settlement is the second in a probe by the New York State Department of Financial Services (NYDFS) into an industry in which life insurers take over corporate pension plans.
-
NewsInsurance systems are like a costly pre-Covid lease you can’t get out of - Stubben Edge
Chris Kenning, chief executive of Stubben Edge, on how to avoid getting locked into legacy systems that prevent an insurance business from meeting the demands of the modern market
-
NewsIUA appoints Zurich commercial head as new chairman
The International Underwriting Association (IUA) has appointed head of commercial insurance at Zurich UK, Robert Kuchinski as its new chairman.
-
NewsIrish regulator fines commercial retail broker €41,385 for overcharging customers
The broker’s fine also covers the fact that it issued unclear communications regarding fees
-
NewsThree trends driving the growth of parametric insurance in 2021 – FloodFlash
FloodFlash’s chief executive, Adam Rimmer tells Insurance Times about the three trends driving the growth of parametric insurance
-
People & OpinionAXA XL names Sylvie Gleises as Head of Client Management, APAC & Europe
She will develop AXA XL’s client strategy and oversee its implementation across the region
-
People & OpinionAXIS Re names Katie Partington Howarth as Chief Underwriting Officer
Based in Bermuda, she will be a member of the Reinsurance Leadership Team, reporting to AXIS Re CEO Steve Arora.
-
NewsGenerali may subscribe to rival Cattolica’s cash call
Italian insurer Generali will look at the terms of capital increase plans of smaller rival Cattolica and will likely subscribe to it but only pro-rata, its Chief Executive Officer Philippe Donnet told la Repubblica on Friday. The company will achieve its 2021 financial targets and will be able to pay ...
-
People & OpinionMS Amlin Underwriting appoints chief risk officer
Speciality Lloyd’s (re)insurer MS Amlin Underwriting (MS AUL) has appointed Vishal Desai as its new chief risk officer, subject to regulatory approval.
-
NewsFCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
