24 October 2016
Urbanisation, technological advances, increased connectivity and an ageing population are the four major disruptive forces in the global economy and insurance market, according to reinsurance broker Guy Carpenter…
24 October 2016
AIG will sell its insurance operations in Latin America and Turkey to Canada’s Fairfax Financial Holdings, as it streamlines operations to focus on core businesses…
24 October 2016
Zurich has introduced a “first of its kind” supply chain risk solution to Hong Kong and Singapore…
24 October 2016
The Association of British Insurers has called on the Ministry of Justice to push through whiplash compensation reforms, to stop lawyers rorting the system…
24 October 2016
Insurers affected by Hurricane Matthew mostly have the capital levels and reinsurance programs to absorb losses, according to ratings agency AM Best…
17 October 2016
Insured losses from Hurricane Matthew are estimated at up to $US8.8 billion, with most of the bill borne by US insurers, according to AIR Worldwide…
17 October 2016
Managers from software company SSP have faced about two-dozen UK brokers hit by its recent system failure, after the British Insurance Brokers’ Association organised a meeting…
17 October 2016
Climate change has doubled the area affected by forest fires in western US over the past 30 years, according to a new study – and scientists predict the danger will spread further…
17 October 2016
About 61% of financial services businesses worldwide require employees to complete privacy training, as the sector increasingly realises the importance of protecting its digital assets, according to a PricewaterhouseCoopers survey…
17 October 2016
The UK’s Financial Conduct Authority has set diversity and inclusion targets for its senior leadership team, as it aims to better reflect the country’s population…
17 October 2016
The number of companies buying standalone cyber insurance has jumped 29% compared with last year, according to a Risk and Insurance Management Society survey…
17 October 2016
The Red Cross has called for urgent investment in mitigation as it struggles to respond to more frequent and intense natural disasters and the biggest refugee crisis since World War II…
17 October 2016
The rising number of global megacities will increase risks from natural catastrophes and other events, according to an Allianz Global Corporate & Specialty report…
17 October 2016
Emerging economies are expected to grow at 2-3 times the pace of developed markets over the next five years, providing a huge opportunity for insurers, according to JLT Re…
17 October 2016
Aon Risk Solutions will acquire US risk management business Stroz Friedberg, cementing its position as a global leader in cyber-risk brokerage and management…
10 October 2016
US insurers can absorb costs arising from Hurricane Matthew, which is causing considerable flooding in the US coastal state of North Carolina as it heads back into the Atlantic…
10 October 2016
Sompo Holdings will pay $US6.3 billion in cash to buy Bermuda-based Endurance Specialty Holdings, which has huge operations in the US and UK…
10 October 2016
UK financial services businesses, including insurers, must give the Government as much support as possible so the country leaves the European Union with the best deal for its economy, according to KPMG…
10 October 2016
Damage from Hurricane Hermine last month provided a reminder of the risks faced by Florida after more than a decade without a similar storm crossing the US state’s coastline, according to Impact Forecasting…
10 October 2016
The United Nations-backed Insurance Development Forum has agreed a risk management strategy for regions vulnerable to climate and disaster hazards…