All News articles – Page 177
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Aon highlights 8 cyber risk areas
Game-changing business opportunities are created, as well as risks, as companies continue to use technology to speed up information transfer, according to re/insurance broker Aon
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2018 fourth costliest year on record for insurers – Aon study
After an “elevated, yet manageable catastrophe loss year”, according to Aon, some 64% of global insured losses incurred in the US last year
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Allianz partnership to tackle gender gap
Allianz has become a partner of the Women’s Engineering Society in a bid to create a more diverse workforce.
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Middle Eastern insurers are well capitalised despite the region’s problems – report
Suppressed oil prices and government budget cuts have led to fewer insured risks, but GCC insurers are well capitalised, according to AM Best
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Scor takes Covéa takeover row to court
The French reinsurer has announced it is pursuing criminal charges against Covéa and its CEO
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ILS up to new record, despite slowdown – report
Willis Towers Watson’s ILS update said a new peak of $93bn ILS in play after strong 2018 cat bond issuance “bodes well for a continued healthy market”
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Volatile environment for CIS insurers – report
Geopolitical instability and a volatile operating landscape beset insurers in the ex-Soviet countries, according to ratings firm AM Best
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Resilient Bermuda weathering the storm – report
Bermuda re/insurers continue to be tested by market conditions but remain resilient, according to a Fitch Ratings report
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Reinsurance under pressure: Swiss Re boss favours insurtech venture
Swiss Re’s CEO Mumenthaler touts its online platform as a primary insurance hedge while the reinsurance value chain remains under pressure
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Political risks dominate WEF risk report
Polarisation of politics and societies, and a weakening of the rules-based international system were headline threats in this year’s Global Risks Report 2019, published by the World Economic Forum as policymakers met in Davos
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What insurers need to know about cyber risks
In a digitally-connected world, cyber risks are growing in frequency and impact. Swiss Re cyber experts Maya Bundt and Eric Durand drill down on what needs to be done to protect insurers against the impending risk
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Class action litigation spreading globally - Clyde & Co
The spread of collective redress around the world means risks and opportunities for liability underwriters
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Renewals: reinsurance demand up in a buyer’s market – Aon
Reinsurance capital fell in 2018, but demand remained high, particularly as pricing has stayed competitive, reinsurance broker Aon reported
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No climate change rise in hurricane activity – report
Global warming has not resulted in an increased in hurricanes and typhoons, according to a GWPF paper
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Bid to derail Swiss Re’s ReAssure IPO
Swiss Re’s plans to spin off a UK life and pensions business take a new turn
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Rates flat at renewals, ILS market halted
Contrasting realities and unchartered territory summed up Willis Re and JLT Re’s broker perspectives on 1/1 renewals
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Publication
GR Winter Edition 2018
Read the Q4 edition of GR, including features on wildfire, pandemic risk to mark the 100 year anniversary of Spanish influenza, and a roundup of coverage from Monte, Baden and SIRC.
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Insurtech investment doubles, teams up with parametric
Willis Towers Watson recorded more than $1.3bn of insurtech funding in the third quarter, double the level a year previously
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Cyber insurers seek opportunities from $300m Marriott breach
The ABI said the latest data breach incident highlighted how vital cyber insurance is for all firms to have in place
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Contingency focus for Beazley in Asia
From K-Pop concerts to the Singapore Airshow, contingency covers are in demand in Asia