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International

Cyber JV notes surge in demand for tailored cover

23 October 2017

Global companies increasingly want cyber coverage to plug gaps in their business interruption and contingent business interruption insurance, according to Munich Re and specialist insurer Beazley…

Munich Re sticks with revolutionary developer

23 October 2017

Munich Re has set up a project team to consider the risks and challenges of a capsule-based transport system under development by Hyperloop Transportation Technologies…

Innovation opens new markets

16 October 2017

Commercial insurers are finding new ways to take on risks once seen as difficult or impossible to cover, according to the latest Swiss Re Sigma report…

Q3 cat bill may pass $127 billion

16 October 2017

Insured catastrophe losses for the third quarter may exceed $US100 billion, with reinsurers likely to take the biggest hit, according to S&P Global Ratings…

Fragmentation, regulation pose blockchain barriers

16 October 2017

Wider adoption of distributed ledger technologies such as blockchain faces numerous challenges, according to a benchmarking study by EY, the Cambridge Centre for Alternative Finance and Visa…

RIMS warns on ignorance around terrorism risk

16 October 2017

Understanding of terrorism risk insurance is lacking and risk managers must do their homework before deciding between traditional or standalone policies, according to a Risk and Insurance Management Society report…

Insurers count cost of hurricanes

16 October 2017

Losses from the hurricanes that devastated the Caribbean and US states of Texas and Florida are running into the billions, according to estimates from major insurers…

High-value acquisitions yet to pay off, index shows

09 October 2017

Political volatility and a high-value, low-volume merger and acquisition environment are to blame for the weaker performance of insurers that made acquisitions last year, according to Willis Towers Watson…

Accelerators drive insurtech partnerships

09 October 2017

Innovation “accelerators” are increasingly uniting insurers with technology start-ups in the US, Europe and Asia, according to a report by researcher Celent and Guy Carpenter…

Nate causes blackouts after Mississippi landfall

09 October 2017

Hurricane Nate made its second landfall this morning near Biloxi, Mississippi, as a Category 1 storm, after first crossing the coast hitting near the mouth of the Mississippi River the day before…

Growing cyber market presents pros and cons: Fitch

09 October 2017

Cyber insurance is a profitable line for new market entrants and is expected to grow significantly over the next decade, but with this comes a raft of new risks, according to a report by Fitch…