14 October 2019
Risk assessment methods need to be overhauled to protect companies from global supply chain disruptions as virtual and physical interconnection increases, Lloyd’s and modelling firm Air Worldwide say...
14 October 2019
Global insurance industry mergers and acquisition deals worth $US4.04 billion were announced in August, according to analyst GlobalData...
14 October 2019
Personal lines insurance in the US continued to record rate increases in the third quarter of 4.5%, insurance exchange MarketScout says...
14 October 2019
Munich Re has spent $US250 million to take its stake in Californian start-up Next Insurance to 27.5%...
07 October 2019
The UK Financial Conduct Authority is considering banning what it calls “dual pricing” – where insurers charge loyal customers more than they charge new ones...
07 October 2019
Lloyd's has committed to the development of electronic platforms to handle complex and simple risks following consultation on a three-year strategy to set the market up for the future...
07 October 2019
Insurers could be responsible for cyber-related claims because of “ambiguous” policy wording in standard commercial products such as business interruption covers, according to GlobalData...
07 October 2019
Global reinsurer MS Amlin will exit its business lines and aviation insurance as it seeks to redirect its underwriting resources towards more profitable areas...
07 October 2019
The different sectors at high risk of a cyber security breach vary greatly in their cyber disclosures, a Moody’s report says...
30 September 2019
Lloyd’s has announced a series of measures aimed at improving workplace behaviour after a culture survey it commissioned in May came back with shocking responses...
30 September 2019
Marsh has teamed up with clients and insurers AIG and Euler Hermes to pilot placement of US trade credit policies on a blockchain-based platform...
30 September 2019
Insurers need to devote more resources to disruptive innovation if they want to keep up with insurtech development, Deloitte says...
30 September 2019
The amount of premium returned to policyholders in US mutual insurance companies was five times larger than the return to non-mutuals, the National Association of Mutual Insurance Companies says...
30 September 2019
Insured losses from Typhoon Faxai, which hit Japan in early September, are estimated at $US5-9 billion ($7-13 billion), risk modelling firm RMS says...
30 September 2019
Berkshire Hathaway Specialty Insurance has launched operations in Spain, opening a new office in Madrid...
23 September 2019
Lloyd’s first-half profit before tax has jumped to £2.3 billion ($4.2 billion) on higher investment returns, as the market moves ahead with a project to improve its long-term profitability...
23 September 2019
London-based loss adjuster and insurance services firm Charles Taylor has accepted a £261 million ($480.6 million) takeover offer from private equity firm Lovell Minnick...
23 September 2019
US-based companies reporting financial damage from hurricanes Harvey, Irma or Maria had collectively lost $US18 billion ($26.3 billion) in market value by August the following year, a study shows...
23 September 2019
Most board members and senior leaders in companies have spent less than one day in the past year focusing on cyber risks, according to a survey by broker Marsh and tech giant Microsoft...
23 September 2019
The Willis Research Network is partnering with computing firm Mitiga Solutions to provide cutting-edge volcanic ash cloud and sandstorm forecasting to the aviation industry...