All News articles – Page 40
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Cyber MGA Intangic launches with AXA XL-backed parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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Saudi megaprojects: Opportunities and risks for global reinsurers
Given the size and scale of many of these projects, the global reinsurance market will have a significant role to play, say Chris Panes and Hassan Abdulfattah
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SVB collapse was near miss for D&O writers - AM Best
The banking failure emphasises the importance of a robust risk management structure, especially for annuity writers
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Lloyd’s names Bob James COO; doubles down on technology delivery
He will focus on aligning the Blueprint Two programme with the wider Corporation Operations function
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London-based specialty MGA Nirvana launches
Nirvana has been set up by founding directors Kabir Chanrai and Rob Jones after a buyout from Castel
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DWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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DWIC 2023: Health insurance space fit and well
COVID-driven awareness, population shifts and technological enhancements keeping health insurance market optimistic
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New York parametric flood pilot will use satellite data
Guy Carpenter, Swiss Re and ICEYE have joined forces to test a parametric flood insurance program for New York City
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Hannover Re grows 2022 net income to €1.4 billion
Major losses were offset by investment contributions and a strong performance within life and health reinsurance
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Coalition enters excess cyber market in the UK
The additional capacity will help more businesses get the coverage they need to protect themselves from digital risks
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HSBC buys UK arm of stricken Silicon Valley Bank
Deal rescues a key lender for technology start-ups in the UK and helps curb fallout from the biggest bank collapse since 2008
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Opportunity for Solvency II reform is ‘significant’ – Amanda Blanc
Aviva plans to ‘invest more into UK infrastructure’, says group chief executive
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AM Best follows other rating agencies in SCOR downgrade
The French-based global reinsurer has had its FSR downgraded to A (Excellent) from A+ (Superior)
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DWIC 2023: Spotlight on skills and talent
On the back of the DIFC’s Talent Week, a panel of experts discussed the skills gap and how to close it
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DWIC 2023: Middle East facing unique catastrophe challenge
Gas and oil activity linked to increased earthquake risk across the region
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DWIC 2023: Takaful must rebrand itself as the ethical choice for all
Collaboration between takaful providers is essential if the niche industry is to achieve its potential
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DWIC 2023: Insurers are 'on the frontline' in the climate crisis
The insurance industry must “drive the pathway to net zero”, explained Dame Susan Rice in a fireside chat
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DWIC 2023: ‘Force’ needed to spark industry climate action
As the consequences of climate change endure, further industry regulations will be required to halt its effects
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DIFC’s Alya Al Zarouni opens Dubai World Insurance Congress 2023
This year’s Congress is the largest event of its kind in the region, welcoming over 1,100 insurance leaders to the UAE
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‘Be part of climate conversation,’ DWIC 2023 delegates urged
With COP28 heading to the city in November, this year’s DWIC opened with a rallying cry for the industry to focus on the climate