03 October 2022
The Financial Conduct Association has asked UK insurers to work with policyholders as increasingly strained household budgets raise the risk of some cutting back on insurance...
03 October 2022
Marsh McLennan says John Doyle will take over as President and CEO from January, with Daniel Glaser set to retire after a decade leading the group...
03 October 2022
About 79% of insurers plan to evaluate their long-term strategic asset allocation and nearly half, or 48% will review risk appetite thresholds this year, according to an industry survey by global investment firm BlackRock...
26 September 2022
The Financial Conduct Authority has proposed creating a “cross industry” insurance pool and other measures to reform the UK multi-occupancy buildings insurance market...
26 September 2022
Underwriters are continuing to operate in a challenging and difficult market and upward pressure on pricing is continuing, Lloyd’s Chief of Markets Patrick Tiernan says...
26 September 2022
International Union of Marine Insurance committee chairman Pascal Dubois says loss prevention strategies to address new challenges have quickly moved “out of the laboratory and in the real world”...
26 September 2022
AM Best says the impact of Typhoon Nanmadol will be “manageable” for Japan’s “well-captialised” insurance industry...
19 September 2022
Lloyd’s has held a ceremony to mark the death of Queen Elizabeth II and the accession of King Charles III, with the event taking place ahead of a one-day closure of the underwriting room for the UK national day of mourning...
19 September 2022
Typhoon Nanmadol has brought violent winds, torrential rain and flooding to western Japan after crossing the coastline yesterday...
19 September 2022
Gallagher Re has established a hub to drive collaboration with academic, research and other institutions around the world to support innovation in risk management for natural and man-made perils...
19 September 2022
A global survey of top financial services regulators reveals “environmental stewardship” has now become one of eight most pressing priorities...
12 September 2022
Lloyd’s has reported a stronger half-year underwriting result despite challenges from the invasion of Ukraine, natural catastrophes and inflation, while slipping to an overall loss after investment revaluations...
12 September 2022
Insurance will be critical in driving resilience as renewable energy take-up accelerates, global supply chains change and food security becomes a rising focus, a Swiss Re Sigma report says...
12 September 2022
S&P Global Ratings says its view of the reinsurance sector remains negative amid impacts from natural catastrophes, markets volatility and inflation although it expects property and casualty profitability will improve...
12 September 2022
Munich Re says it’s cultivating new high-resolution risk models for regional events such as flash flooding, as the insurance sector faces the task of gearing risk management to the reality of climate change impacts...
12 September 2022
Insurance linked securities issuance could rival the record set last calendar year given the level of first-half activity and a robust pipeline, Aon says...
12 September 2022
Global risk assessor Moody’s Analytics has announced its new environmental, social and governance Insurance Underwriting Solution for property and casualty insurers...
05 September 2022
Swiss Re says insured losses from floods doubled to $US80 billion in the 2011-2020 period from the previous decade, highlighting the need to do more to address the risk...
05 September 2022
Europe’s Big Four reinsurers, Munich Re, Swiss Re, Hannover Re and SCOR, are seeking growth in specialty segments as they pursue diversification, an AM Best report says...
05 September 2022
The Association of British Insurers says fraudulent claims remain a challenge despite a drop last year, warning the ongoing difficult economic times will likely give rise to more scams...