Brought to you by:

International

Lloyd’s sets out crisis contingency plans

24 July 2017

Lloyd’s has formulated guiding principles to ensure a quick and effective response to market-turning events – situations that causes significant impact and could trigger a rapid rise in insurance pricing…

RIMS forum to focus on cyber threats

24 July 2017

The Risk and Insurance Management Society will hold its first Cyber Risk Forum in response to rising concerns about potential threats…

British brokers gain confidence

17 July 2017

UK insurance brokers were more optimistic in the June quarter than earlier in the year, while overall financial services business conditions remained strong, according to a survey by PricewaterhouseCoopers and the Confederation of British Industry…

‘Crash for cash’ crackdown aids fraud battle

17 July 2017

A focus on organised crime and “crash for cash” staged motor incidents helped British insurers thwart 125,000 fraudulent claims worth £1.3 billion last year, according to the Association of British Insurers…

Asia faces ‘towering inferno’ risk

17 July 2017

Asia’s growing number of super-high-rise towers presents a challenge for underwriters, Shanghai-based Gen Re Property Casualty Country Manager Tom Qiu warns…

Insurers urge G20 to show climate change leadership

17 July 2017

Leaders of the G20 economies, which collectively produce more than 75% of greenhouse gas emissions, must do more to tackle climate change, according to the Munich Climate Insurance Initiative…

Active hurricane season set to raise US coastal risks

17 July 2017

Atlantic hurricane activity is likely to exceed average levels this season, increasing the risk a major storm will hit the US coastline, according to a revised prediction by Colorado State University forecasters…

Bermuda to host Ocean Risk Summit

17 July 2017

Government, finance and reinsurance representatives will gather in Bermuda next May for the inaugural Ocean Risk Summit, addressing threats posed by climate change…

Insurers seeking latest data on climate change

10 July 2017

Insurers want more information on the latest climate change science amid a changing pattern of perils and rising industry scrutiny, according to modeller AIR Worldwide…

UK flood scheme profits in strong first year

10 July 2017

The UK’s flood reinsurance scheme achieved a pre-tax profit of £130 million in its first year, capping a successful bid to improve insurance affordability for homeowners…