News – Page 113
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News
UK startup Nayms nabs £1.5 million to develop insurance for cryptocurrency
The London-based company wants to insure digital assets “through a collaboration between regulated underwriters/brokers and capital markets,” says CTO Theodore Georgas.
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People & Opinion
Hamilton hires Clay Rhoades to expand US MGA
He will focus on the further expansion of Hamilton’s US specialty insurance businesses written across its group platforms.
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People & Opinion
Aon CEO Greg Case named number one on annual list that celebrates businesspeople who are driving inclusion in the workplace
This marks his sixth appearance on the annual list and the first time he has been recognised as the leading ally.
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News
Climate change to transform renewable risk landscape
Renewable Energy Market Review January 2021 - The energy transition: risks and challenges
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News
Operational resilience takes centre stage
Why breaking down barriers between risk and business continuity is the key to greater operational resilience
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News
Hurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
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News
UnitedHealth 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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News
Service to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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News
Reuters: Trump’s legacy: A more divided America, a more unsettled world
A major part of his legacy when he departs the White House on Wednesday is likely to be Americans more politically and culturally estranged from each other than they were when he took office.
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News
Corant Global launches
Corant is the new name for BGC Insurance (BGCI), and will comprise of its broking operations Ed, Besso, Piiq Risk Partners and Junge as well as the group’s MGAs Cooper Gay, Globe Underwriting and Epsilon.
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News
WEF: Why investment in resilience pays off
“It is always cheaper to build a dam than to pay for the flood” - WEF Global Risks 2021
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News
Fitch: Saudi Insurance M&A Activity Increasing Despite Challenges
The changing regulatory landscape, the increased required minimum capital, and the fragmented market will further drive M&A activity for Saudi Arabian insurance companies, says Fitch Ratings in a new report.
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News
SCOR to provide life insurance products for people with chronic conditions through new partnership with Bayer and One Drop
This joint effort between SCOR, Bayer and One Drop aims to empower people to proactively manage their health through innovative products and to reduce the risk of life-threatening complications from medical conditions.
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People & Opinion
Hudson Structured Capital Management expands in InsurTech and Re/Insurance by hiring Adrian Jones
Jones will serve as a Managing Director of HSCM and a Partner in HSCM’s InsurTech group. He joins from SCOR Global P&C, where he was Deputy CEO of P&C Partners and leader of its P&C Ventures unit.
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Reports
WEF: No vaccine for climate change
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics - WEF Global Risks Report 2021
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News
BI and pandemic top Allianz Risk Barometer 2021
Pandemic is a “reminder that risk management and business continuity management need to further evolve”
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News
More UAE employees want ‘comprehensive’ insurance cover for mental health
“COVID shifted the focus of the individual, and employers need to face up to that when designing their health benefits,” said David Healy, CEO EMEA at Aetna International.
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News
THB places the first risk with Global Health Risk Facility through Syndicate 1796
THB brought PFSCM together with the GHRF - an alliance of insurance and technology partners providing comprehensive and data-driven cargo insurance and risk mitigation services for the storage and transit of life-saving medical supplies - including temperature-sensitive Covid-19 vaccines.
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News
AM Best releases Country Risk Assessment Report on Iraq
The Country Risk Tier of CRT-5 for Iraq reflects a very high level of economic, political and financial system risk.
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News
US braces for Inauguration Day violence
The FBI warns of violence ahead of Joe Biden’s Presidential inauguration, but heightened security may defer the risk