All News articles – Page 2
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Reinsurance sector retains stable outlook - AM Best
Hardening trend is expected to continue in 2022 after major cat losses in 2021
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Lloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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Hannover Re makes insurtech innovation platform hr | equarium openly accessible
hr | equarium has so far been used on a regular basis by more than 700 clients of Hannover Re from over 100 countries
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Lloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
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Lloyd’s returns to profit with £2.3bn in full-year 2021 results
£2.9bn was paid to customers impacted by Covid-19
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Insuring the transition to net zero
Why insurers have a critical role to play in the shift away from fossil fuels
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Marsh 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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Digitising large and complex claims
How remote claims technology is helping make claims handling faster and more flexible
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Insurance 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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Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Global catastrophes cost $343 billion in 2021 - Aon
European floods in July were the costliest disaster on record for the Continent at $46 billion
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Ukraine-Russia tensions call for greater cyber resilience
GCHQ is urging UK firms to bolster their cyber security in response to the malicious attacks in and around Ukraine
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AXA XL launches environmental risks service
Corporates can better understand their environmental exposures by tapping into multiple data sources and advanced analytics
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COCorporates facing ‘resilience fatigue’ - Beazley
Institutional burnout is a particular threat in pandemic-exposed sectors such as health, travel, education and hospitality
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ESG is not a fad but an urgent business priority, says IoD
Organisations must identify the risks and opportunities that relate to environmental, social and governance considerations, directors urged
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UK consortium to tackle systemic risk
Backed by Pool Re, it will support the creation of private-public solutions and develop new risk transfer products
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US Xinjiang bill demands full supply chain visibility
Key challenge for companies is to determine traceability of their often highly complex supply chains
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Lloyd’s of London reveals new operational structure behind Blueprint Two
Initially published on 5 November 2020, Blueprint Two is the delivery phase of the market’s Future at Lloyd’s strategy, which is focused on modernising the marketplace through digitalisation.