All News articles – Page 158
-
NewsLloyd’s calls for industry and government collaboration to mitigate future systemic risks post-Covid19
Lloyd’s of London is calling for close collaboration between insurers, brokers, customers, the global industry and government in designing cover for future systemic risks, which it says are complex.
-
FeaturesDIFC position as the region’s reinsurance sector hub reconfirmed
The sector grew by 17.4% in 2019, representing the highest volume of premiums ever written in the market, further reinforcing the Centre’s position as the leading reinsurance hub in the region.
-
NewsCovid-19 is the ‘watershed moment’ to improve cyber insurance penetration
Swiss Re detailed the recent history of the cyber insurance market during its virtual media day last week, highlighting how the coronavirus crisis has affected the market and how the pandemic could aid the product’s penetration…
-
FeaturesTotus Re – the reinsurer for reinsurers
With the insurance industry taking a reputational hit during the pandemic, the two founders of Totus Re argue that a proactive stance could be a move in favour of the sector
-
NewsTotus Re bags 30 sign ups since mid-May
The open collective is now looking for others that are interested in the model to join the conversation
-
NewsUS riots a “catastrophe” event - PCS
The riots have become the first PCS-designated riot catastrophe event covering more than one state
-
AnalysisREPORT: Global guidance on the integration of environmental, social and governance risks into insurance underwriting
After a multi-year global consultation process, leading insurers from around the world and the UN Environment Programme (UNEP) launched last the first global insurance industry guide to tackle a wide range of sustainability risks—from climate change, ecosystem degradation, pollution and animal welfare and testing; to child labour, controversial weapons, and ...
-
NewsUK Pandemic Re group appoints Amber Rudd
Jon Dye, chairman of ABI and CEO of Allianz Insurance, has also agreed to join the UK Pandemic Re Steering Group
-
NewsBriefing: Aon, Marsh, reinsurers - they will greatly benefit in the post-covid world
Shutdown risk will be a defining feature in companies risk mitigation planning - and insurers, reinsurers and brokers will take advantage
-
NewsAIG reveals limited BI exposure despite $272m Covid-19 hit
Chief executive Brian Duperreault describes Covid-19 as “the single largest CAT loss the industry has ever seen”
-
NewsWide area damage test could be insurers’ ace for refusing coronavirus BI claims
Professional services firm Marsh explores whether this argument could ‘extinguish Covid-19 claims recovery’
-
NewsTaking a fresh approach with Charles Taylor InsureTech
GR spoke to chief commercial officer Tony Russell to see how the world of insurtech is changing, and how his business is tearing up the rulebook
-
NewsSenior level decisions amid Covid-19 could spark fresh class action
Marsh discussed some exclusions that may arise and legal issues during its briefing on the pandemic last week
-
NewsKBRA Releases Research – Coronavirus (COVID-19): Global Insurance Update
Kroll Bond Rating Agency (KBRA) releases updated views about COVID-19’s implications for the global insurance sector. COVID-19 is now officially a pandemic with unprecedented consequences. In this report, KBRA updates our previous views on the implications of the COVID-19 crisis for the life and property and casualty (P&C) insurance subsectors. ...
-
NewsWorking from home hard to implement for some businesses during Covid-19
In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff
-
NewsGuy Carpenter and RiskGenius announce collaboration to revolutionize silent cyber analysis
Guy Carpenter announced today that it has entered into a strategic relationship with RiskGenius, to revolutionise the detection and qualitative analysis of silent cyber exposure across various lines of business.
-
People & OpinionAIG hires Gero Michel to head up risk analytics
AIG has appointed Gero Michel to a new role that will see him heading up risk analytics across the reinsurance related brands of Validus, Talbot and the ILS specialist unit AlphaCat. Michel took on the role of Head of Risk Analytics, AIG Re in February of this year, joining the ...
-
NewsCovered California releases the first national projection of the coronavirus (covid-19) pandemic’s cost to millions of Americans with employer or individual insurance coverage
Covered California on Monday released the first national projection of health care costs due to the coronavirus (COVID-19) pandemic. The analysis estimates the projected costs for 170 million Americans in the commercial market — which includes the individual, small-group and large-group markets — for testing, treatment and care specifically related ...
-
NewsBMS acquires Spanish specialist insurance broker Jurado Mata
BMS Group today announced that its Spanish subsidiary, BMS Iberia, has acquired Jurado Mata, the Granada-based Spanish specialist insurance broker. The consideration for the transaction was not disclosed. Founded in 1990, Jurado Mata has provided a range of affinity, commercial and personal lines solutions to a range of Spanish clients. ...
-
News AgendaWillis Towers Watson launches business aviation community group to aid sector’s risk management
A Class focuses on data analytics and risk strategy, equipping business aviation operators with data and expertise to help them analyse and mitigate risks – crucial in today’s uncertain landscape.
