All News articles – Page 12
-
News
Beware the catastrophe COVID clash
A major catastrophe impacting Florida, California, Texas, Missouri, or Louisiana could be complicated by COVID-19
-
News
Aon and WTW call off mega merger
Brokers terminate merger agreement following “an impasse” with the US Department of Justice
-
News
FERMA: Floods are a “wake-up call” ahead of COP26
Insured losses of €4 billion to €5 billion are expected for North Rhine-Westphalia and Rhineland-Palatinate
-
News
Aon: Nat cat losses reach $93 billion in 1H
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
-
News
Hiscox’s Masojada to retire this year as ‘time is right to hand over to new leadership’
The current group chief executive will be succeeded by the insurer’s chief financial officer
-
News
Lloyd’s of London names first female deputy chair
She has worked in the Lloyd’s market for 40 years
-
News
Briefing: Covid costs now hitting reinsurance bottom line
Covid-19, Solvency II and ESG factors will all be influencing global multiline insurers’ balance sheets, says S&P Global Ratings
-
News
Insurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
-
News
QuestGates boosts Ireland operations with double acquisition
The deals aim to bolster the firm’s ‘ambitious growth plans’ as the loss adjuster looks to ‘shake up the status quo’
-
News
Beazley bolsters GWP by 22% in first half of 2021
London market insurer Beazley has reported a 22% increase in its gross premiums written between 30 June 2020 and 30 June 2021, improving GWP from $1,663.9m last year to $2,035.3m at the end of June.
-
News
Flooding spurs new calls for National Disaster Fund & Insurance Pool in Oman
Losses: ‘The national economy continues to bleed every time we are impacted by a natural disaster’
-
News
Munich Re achieves quarterly result of around €1.1bn
In the second quarter of 2021, Munich Re’s major-loss expenditure in property-casualty reinsurance business was below average, mainly as a result of comparatively low losses from natural catastrophes.
-
News
Terrorism: Retail and hospitality at risk as lockdown lifts
Pool Re warns of potential threat to retail and hospitality sectors which represent attractive targets to terrorists
-
News
Aviva unveils seven steps to protect UK homes and businesses from climate change
Aviva has called for urgent action to make sure that UK homes and businesses are protected from the impact of climate change and extreme weather in its new report.
-
News
European floods hit over 70,000 properties
Total insured losses could reach €5 billion as Airmic CEO Graham says even climate scientists “were shocked”
-
News
Briefing: What five SME products could come under the FCA’s fair value microscope?
The first deadline surrounding the FCA’s general insurance pricing reform is approaching fast - insurers and brokers must consider the implications on SME products if they haven’t done so already
-
News
Lloyd’s Europe set to complete leadership team with new appointments
Lloyd’s Insurance Company (LIC) has bolstered its leadership team with new appointments to its board, which are set to complete in due course.
-
News
Briefing: Aon-WTW merger still hitting snags amid broader consolidation landscape
Aon still has its work cut out for it if it wants to complete its purchase of Willis Towers Watson and mitigate market competition worries – however, will competition concerns increase across the piece as a result of the recent consolidation uptick?
-
News
Hiscox pays out more than £5.2m of Covid BI claims following specialist broker settlement
Hiscox has paid out more than £5.2m of Covid-19 business interruption (BI) claims after a specialist broker secured these settlements for 72 claimants.
-
News
London professional indemnity market expected to thrive over the next year – Clyde and Co
As 94% of insurers plan to write the same or more business in the professional indemnity (PI) market over the next 12 months – recession, cyber threats from remote working, and continued regulatory oversight are top of the insurance industry’s list of concerns, according to global law firm Clyde and ...