27 June 2022
UK regulator the Financial Conduct Authority has fined JLT Specialty £7.88 million over “lax controls” that led to commissions it paid in relation to a business deal in Colombia ending up in “the pockets of corrupt officials”...
27 June 2022
Australia is among countries most vulnerable to cyberattacks, RIMS says, with an average cost of cybercrime $6.6 million...
27 June 2022
Brokers should play a greater role in helping tech clients mitigate merger and acquisition deal risk, cyber specialist CFC says...
27 June 2022
US insurers paid out $US1.31 billion in lightning-caused homeowner claims last year, dropping from $US2.06 billion in the previous 12 months...
27 June 2022
Zurich Insurance has released analysis of last year’s severe flooding in parts of western Europe, saying the catastrophic weather event showcased inadequate standards of flood preparation and resilience...
20 June 2022
Swiss Re has outlined in its annual Sonar report the emerging risk topics it believes the insurance industry and world at large cannot afford to dismiss...
20 June 2022
Howden Group is acquiring TigerRisk Partners, a US-headquartered risk and strategic adviser to the global and reinsurance industry...
20 June 2022
Bruce Carnegie-Brown will continue as Chairman of Lloyd’s after being appointed to a third term as head of the global insurance body...
20 June 2022
The Russia-Ukraine war has “gifted” cyber attackers an uneven playing field, yet at the same time cyber policy cancellations are likely to rise this year as living costs rise, GlobalData says...
20 June 2022
Global merger and acquisition activity won’t match the record levels of 2021 this year, though dealmakers maintain a healthy pipeline with cash at unprecedented levels and will seek transaction opportunities in digital transformation, Aon says...
20 June 2022
Zurich says it is digitalising its International Programs business to streamline processes and provide greater transparency, flexibility and simplicity for customers and brokers...
20 June 2022
French reinsurer Scor says Stuart McMurdo will take over as CEO of Reinsurance, replacing Michel Blanc who will retire in January next year after more than three decades with the business...
20 June 2022
Axa has launched a strategic program for the development of a digital commercial platform to strengthen its business offerings...
20 June 2022
The International Association of Insurance Supervisors is seeking submissions on the draft criteria that will be used to assess whether the Aggregation Method provides comparable outcomes to the Insurance Capital Standard...
06 June 2022
Reinsurer and insurer profitability improved in the first quarter underpinned by rate gains and lower catastrophe losses compared to a year earlier, Gallagher Re says in a global report on financial results...
06 June 2022
Allianz will no longer issue new single-site and stand-alone property and casualty insurance from January 1, or fund new oil and gas field projects or the construction of new infrastructure related to those power plants...
06 June 2022
Reports that loyal UK motor insurance customers face premiums up to double the price of those paid by new customers despite regulatory reforms are unsurprising, analytics firm GlobalData says...
06 June 2022
The covid pandemic took a significant toll on wellbeing in advanced markets, with Australia topping the most impacted list as more than a third of Australians say their mental and physical health declined in the past year, a Swiss Re poll found...
06 June 2022
As part of its transition towards climate sustainable operations, Munich Re has announced the launch of a new afforestation entity, TreeTrust...
30 May 2022
The Atlantic hurricane season, which starts on Wednesday, is likely to feature above-average activity for a seventh consecutive year, partly due to the ongoing La Nina, the US National Oceanic and Atmospheric Administration says...