All News articles – Page 20
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NewsOUTLOOK 2021: Regulatory challenges abound for U.S. insurers as Biden takes over, pandemic rages
Insurers will also have to prepare for a year of heightened scrutiny on market conduct and consumer protection from states this year.
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NewsInsurers face ‘mind-blowingly’ large loss if Olympics cancelled
Insurers are facing a $2-3 billion loss if the Tokyo Olympics are cancelled this year, amounting to the largest ever claim in the global event cancellation market, brokers say.
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NewsAon and Willis Towers Watson announce the future leadership team
“Aon and Willis Towers Watson have a unique opportunity to create a combined firm that will make an even greater difference in the global economy and provide unparalleled experiences for our clients and colleagues,” said Greg Case, Aon CEO.
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NewsMental health: The next crisis
Tackling mental health is not just the right thing to do, but an essential exercise in risk management, according to International SOS’ Dr Rodrigo Rodriguez-Fernandez.
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NewsPPPs needed to insure systemic risk
Future climate and systemic risks remain a key challenge - Insurance Development Forum
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NewsSompo International announces partnership with Flock
This partnership supports the future of unmanned aviation by increasing the availability of critical insurance needed for emerging use-cases, like drone cargo deliveries, flying taxi passenger flights and drone swarm shows.
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NewsInsurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
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NewsCovid-19 impact on insurance recruitment revealed
Recruitment stats confirm economic impact of pandemic past year, but more optimistic picture painted for 2021
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NewsFloodFlash pays Storm Christoph catastrophe claim in 9 hours 44 minutes
It means that policyholders can be paid their claim on the same day
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NewsLloyd’s offers AI-enabled reputational risk cover
A group of Lloyd’s insurers are providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively.
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NewsZurich warns of ‘double disaster’ as Storm Christoph batters England and Wales amid pandemic
Storm Christoph has raged through England and Wales, adding further strain on the UK as it battles the ongoing coronavirus pandemic. Some insurance industry experts, however, have stepped in to offer support, advice and a solution
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NewsOnslaught of Covid claims expected to hit CMCs as 70% see claims registered
Research by broker Gallagher also predicts the pandemic claims uptick will cause a 40% rise in litigation compared to previous years
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NewsAviva commercial lines MD to join Lloyd’s in newly created role
Lloyd’s of London has appointed Patrick Tiernan, currently Aviva’s managing director of UK commercial lines and global corporate and speciality, as its chief of markets – a newly created role.
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NewsAkinovA becomes the first new regulated Insurance Marketplace for 150 Years
Bermuda has both the largest Insurance Linked Securities (ILS) and captive insurance sector globally and boasts one of the world’s largest reinsurance markets.
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NewsOnus is on insurance industry to improve transparency and reduce expectation gap - CII
Expert panel says there are clear business benefits in ‘taking this bull by the horns’
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NewsClimate change to transform renewable risk landscape
Renewable Energy Market Review January 2021 - The energy transition: risks and challenges
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NewsUnitedHealth profit slumps as COVID-19 costs mount
Their profits in the fourth quarter was also impacted by a recovery in demand for healthcare services.
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NewsUS braces for Inauguration Day violence
The FBI warns of violence ahead of Joe Biden’s Presidential inauguration, but heightened security may defer the risk
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NewsBriefing: Bitcoin … rat poison squared or exciting for insurance?
Bitcoin has enjoyed huge returns, making many rich. But can insurance help in this daring new world of cyrptocurrencies
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NewsQuarter of a billion worth of claimant damages stuck in litigation process – Zurich
Road traffic accident claimants are having to wait for more than a year before being heard in court, finds the insurer’s analysis
