Analysis – Page 15
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Analysis
Claims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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CFC issues ransomware warning to SMEs
The ‘BazarCall’ attack is responsible for an increasing number of malware infections observed by CFC over the past three months
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Cyber extortion grows in sophistication, warns Beazley
Data exfiltration is now prevalent in a significant majority of incidents as extortion techniques become increasingly complex
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Insurers must build new, data-led markets
Imagination is needed by corporate risk managers to deliver outcome-based solutions, say panellists
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FERMA calls for EU-level cyber resilience push
Paper draws attention to the ‘cyber insurance gap’ and ongoing treatment of captives under Solvency II
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Insurers must ‘lean into’ systemic risk - ABI
Policyholders expect more innovative solutions from insurers after the industry’s Covid-19 BI claims response
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Has 2022 knocked resilience off course?
Protection gap for health, mortality and natural catastrophe risks combined reached $1.42 trillion in 2021, finds sigma
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Amrae: Cyber remains a volatile class of insurance
Renewal negotiations should be less tense in 2022 with cyber underwriters seeing fewer claims and a return to profitability
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Lloyd’s warning over state-sponsored cyber attacks
Cyber attacks targeting critical infrastructure rose from less than 10 in 2013 to almost 400 in 2020
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ESG approach helps buyers secure D&O
More D&O insurers are willing to offer better coverage to businesses with robust ESG frameworks, says Marsh
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Beazley to prioritise firms with robust ESG scores
Companies must meet an appropriate threshold score under Marsh’s ESG Risk Rating (ERR) framework
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Time to tackle underinsurance - Allianz
Industry has ‘a huge responsibility’ to mitigate inflation-driven underinsurance and to ensure certain risks do not ‘become uninsurable’, says chief executive
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Why Bernd was a lesson in ‘flood dementia at all levels’
A poor understanding of floods and insufficient risk reduction measures played a key role in last year’s disaster, finds Zurich
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Cyber correction creates a ‘more sustainable’ market – BrokerFest 2022
The importance of cyber essentials and protecting your supply chain has never been more apparent, say experts
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Airmic: Insurers face a growing confidence crisis
Feedback from Airmic’s annual conference suggests risk managers feel the insurance sector is out of touch
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Beware new generation climate risks, warns SONAR
The thawing of permafrost could accelerate climate hazards and release disease-carrying pathogens
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Beazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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Cyber war exclusions boost likelihood of claims litigation
A lack of standard, battle-tested definitions in cyber policies makes litigation more likely amid the conflict in Ukraine, warns Moody’s
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Earth observation data: A new frontier
The application, accuracy and quantity of satellite data continues to explode with opportunities for risk transfer and mitigation