Analysis – Page 7
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
UK’s Pool Re welcomes new duty of care Law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
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Analysis
AGCS launches dedicated ESG division
Gabrielle Durisch will join from Zurich Insurance Group in April 2023 as global head of ESG & Sustainability Solutions
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Analysis
Nuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
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Analysis
Underinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this a deliberate decision?
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Analysis
Insurance sector ‘perfectly positioned’ for carbon removal action
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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Insurer targeted over controversial Adani coal project
Activists received a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
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ESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
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Analysis
Demand for contract frustration grows as economy deteriorates
Cost of insurance against defaults on sovereign debt jumps by 102% as corporates also seek cover for cancelled contracts
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Analysis
2023 a “gamechanger” for European class actions
New EU directive will make it easier for individuals to take part in collective redress actions, warns Clyde & Co
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Analysis
Airmic: Supply chain crisis calls for innovative risk transfer
Association’s new toolkit asks 12 key questions to help directors keep pace with an increasingly complex risk landscape
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Analysis
Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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Analysis
Companies with higher ESG ratings are a better risk - study
Environmental ratings have the strongest correlation with loss ratios, according to the analysis by Howden and Fidelis
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SR Q4 2022: Thriving or surviving?
As we approach year-end, it is clear 2022 has offered no reprieve from shocks and cascading risks
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Airmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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Where there’s a will, there’s a way
Highlights from the World@Risk Climate Change and ESG Forum
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Mahnke steps down from GVNW as he moves into insurance role
Alexander Mahnke is joining MSIG Insurance Europe after nearly 12 years as CEO Insurance at Siemens
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Analysis
Europe’s captives ‘show their worth’ through challenging market
AM Best has observed an uptick in the use of existing captives in response to the hardening market conditions
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Analysis
IDF calls for ‘convergence’ of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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Analysis
RIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association