All News articles – Page 91
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NewsDWIC 2022: Pandemic accelerates insurtech growth
The insurtech sector in the MENA region has enjoyed substantial growth over the past two years, in part driven by the global pandemic.
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NewsMarsh launches ESG risk rating measure
Insureds can use the results to improve their ESG risks, and gain access to additional insurance market capacity
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NewsPool Re appoints new chief executive
Pool Re chief executive Julian Enoizi has stepped down from the helm after eight years, with the government-backed terrorism reinsurer welcoming Tom Clementi as its new chief executive, subject to regulatory approval.
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NewsIndustry at digitalisation crossroads post-pandemic – Allianz’s Sirma Boshnakova
The Covid-19 pandemic and the insurance industry’s response to it have worked to accelerate sector-wide digitalisation – as a result, the industry is now at a ”crossroads,” approaching the edge of a revolution according to Sirma Boshnakova, a member of the management board at Allianz SE.
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News‘No silver bullet’ for repair supply chain issues
Shocks to the global supply chain have created pressures on the availability of car repair parts as well as the lengths of time needed to provide policyholders with associated claims services.
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NewsDigitising large and complex claims
How remote claims technology is helping make claims handling faster and more flexible
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NewsSwiss Re debuts ‘enhanced’ oil and gas policy
Reinsurance firm Swiss Re will no longer provide individual insurance covers for the top 10% of the most carbon-intensive oil and gas producing companies from July 2023.
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NewsParametric ‘ugly duckling’ could become sector’s ‘future’
“Ugly duckling” parametric policies have the potential to evolve into the ”future of insurance,” according to Eric Schuh, chief insurance officer and chief financial officer at Element Insurance AG.
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NewsInsurance industry braces for soaring payouts from war in Ukraine
Stranded planes, battered ships, bombed-out buildings and unrecoverable debts created by Russia’s invasion of Ukraine have left the global insurance industry braced for soaring payouts and protracted legal disputes. The war in Ukraine could cost insurers billions of dollars in claims, with the aviation insurance sector alone facing potentially the ...
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NewsLloyd’s fines insurer over unacceptable behaviours
Lloyd’s of London has levied its biggest-ever fine of over £1m to managing agent Atrium over ’boys’ nights’ misconduct
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NewsBiodiversity risk to become material by 2024
Corporates have just two years to improve due diligence around biodiversity throughout their value chains - report
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NewsAviation sector faces losses “on a par with 9/11”
543 Boeing and Airbus aircraft will be seized by the Russian Government under new legislation
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NewsCharles Taylor InsureTech launches hub to empower industry’s value chain
Charles Taylor InsureTech has today (15 March 2022) launched a cloud-based Software as a Service (SaaS) capability proposition named InHub to enable the insurance value chain to drive better results.
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NewsBig three brokers exit Russia
Marsh, WTW and Aon have announced they will cease all business in Russia
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NewsMarsh pulls all Russian business
Intermediary business Marsh McLennan has decided to cease and exit all its businesses in Russia, following the state’s invasion of Ukraine last month (February 2022).
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NewsInsurtech UK to tap into US market with new insurance corridor
Insurtech startup trade association Insurtech UK yesterday (10 March 2022) launched an insurance corridor between the UK and Connecticut, USA.
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NewsDWIC 2022: Why prevention is better than cure
It is time to take full advantage of the workplace transformation in health and wellbeing
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NewsDWIC 2022: Is AI the next ‘silent cyber’?
Re/insurers are blissfully unaware of their growing exposure to AI-related liabilities, warned Simmons & Simmons
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NewsDWIC 2022: SIAB offers region a “brilliant vehicle”
Oman Insurance gained approval to launch Syndicate 2880 last year on the Lloyd’s DIFC platform
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NewsDWIC 2022: Why takaful needs an overhaul
Inherent issues with the Takaful model continue to hinder the market’s development in the GCC
