All News articles – Page 70
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DWIC 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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DWIC 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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DWIC 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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DWIC 2022: Why takaful needs an overhaul
Inherent issues with the Takaful model continue to hinder the market’s development in the GCC
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DWIC 2022: Cyber re/insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained DWIC roundtable panellists
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DWIC 2022: 800 delegates flock to conference
Arif Amiri, CEO of the DIFC Authority, officially launched the fifth Dubai World Insurance Congress 2022
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Polish insurer taps Tractable’s artificial intelligence platform
Polish insurer PZU will be using Tractable’s artificial intelligence (AI) platform to create immediate end to end assessments and estimates of vehicle damage.
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Gallagher launches fac business in the DIFC
Gallagher has taken a majority share of 51% of ACE Re Ltd (DIFC); Its team and clients will trade as Gallagher going forward
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Independent US broker buys ‘winner’ GRP
Florida-based independent broker Brown and Brown has agreed to buy UK intermediary business Global Risk Partners (GRP), providing longer-term capital to fuel GRP’s culture-driven acquisition pipeline.
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Fitch warns of spillover cyberattacks
Cyberattacks on businesses and government agencies have increased following the Russian invasion of Ukraine
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Trade credit insurers pull back from Russia and Ukraine
Trade credit insurers have been pulling back from insuring goods or services that are being exported to Ukraine and Russia due to the ongoing conflict, which escalated in February 2022.
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Ukraine crisis forces supply chains to rebuild
As nations join the wall of sanctions against Russia, its success will depend on building new lines of delivery
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Lloyd’s issues catastrophe warning amid sanctions move
As Lloyd’s of London was thrust into the front line of the sanctions fight against Russia, the market announced that it planned to get tough with syndicates and managing agents over their ability to understand and factor climate change into their underwriting.
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Government to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The UK government is set to bring in further legislation to prohibit UK-based insurance and reinsurance providers from dealing in financial transactions connected with Russian entities.
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Lloyd’s plans to be ‘magnet’ for talent following chief people officer appointment
Lloyd’s has appointed Sara Gomez as its new chief people officer (CPO).
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AM Best takes negative rating action amid Russia-Ukraine tensions
Credit rating agency AM Best has placed under review the financial strength rating (FSR) and long-term issuer credit rating of several Russian insurance companies.
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Boardrooms yet to fully grasp ESG risk - Marsh
Less than one-third of the FTSE100 sample showed evidence of standalone reporting on climate change risk in line with TCFD
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Ukraine invasion puts cyber resilience to the test
Firms urged to improve cyber resilience as governments anticipate rise in state-sponsored attacks - MyCena
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Ukraine conflict hits supply chains as oil prices surge
Energy prices, supply chain issues, travel disruption, inflation, ESG issues and business continuity are just some of the risks to navigate
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Lloyd’s of London could face ‘sizeable’ hit from Russia-Ukraine war
Lloyd’s of London could be facing a “sizeable” loss from its $2bn share of the political risk insurance market during the ongoing Russian and Ukraine war.