Analysis – Page 7
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Analysis
Pandemic risk act enters US Congress
Like the Terrorism Risk Insurance Act (TRIA), federal government would serve as a backstop to maintain marketplace stability
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Analysis
FERMA calls for EU-wide NDBI resilience framework
The framework would respond to a range of catastrophic events, such as pandemic and cyber-attacks, that create severe non-damage business interruption losses
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Analysis
Covid-19 heralds hardest of hard markets
Few insurance classes are expected to emerge unscathed as markets harden in the wake of coronavirus - Insurance Times
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Analysis
Don’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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Analysis
Pandemic heightens terror risk - Pool Re
States weakened by the serious economic consequences of the pandemic will be more vulnerable to the emergence/resurgence of terrorist groups
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Analysis
Restart facilities with care - AGCS
20% to 30% of AGCS fire claims are related to the condition of electrical equipment and installations
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Analysis
Insurers on the hook for up to $80 billion in COVID claims
Total claims could exceed those of 9/11, underscoring the need for a government backstop - Willis Towers Watson
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BI claims present an “existential threat” - Willis Re
Estimates the global reinsurance sector will take a $30 billion hit to its capital base from COVID-19
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Analysis
Airmic welcomes pandemic steering group
“It’s really important we learn the insurance lessons of the current pandemic” - John Ludlow
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Analysis
UK insurers set up pandemic steering group
The move has invited criticism; Mactavish says the ”sector has failed in its response to coronavirus”
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Analysis
COVID-19: London market shifts to e-trade
Aon improves its e-trading capabilities to allow home working underwriters to electronically bind their placements
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Analysis
Using AI to map ‘silent cyber’ exposures
Guy Carpenter is partnering with RiskGenius to improve the detection and qualitative analysis of silent cyber exposure across various lines of business.
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Three emerging risks facing renewable energy companies
Risk managers working in the renewables sector must face up to the ever growing risks presented by geopolitics, climate change and cyber interruption.
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How the insurance model is coping with lasting negative rates and protectionist sanctions
Ahead of his speech at the Amrae conference, Strategic Risk spoke to Hervé Houdard, managing director at Siaci Saint-Honore to find out how the insurance market is transforming to deal with rising protectionism and persistently low interest rates and – critically – what the changes mean for risk managers
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Analysis
Day one AMRAE: What the risk managers are saying
With so many exciting workshops, panels and presentations throughout the AMRAE conference, we caught up with speakers and session leaders to find out what hot topics they will be covering, what risk managers can learn and their take on the biggest risks facing risk managers today.
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Analysis
AGCS launches new services including risk consulting, captive fronting and crisis management
The suite of services, which is designed to complement Allianz’s traditional insurance offering, is launching in two core markets, Central & Eastern Europe (CEE) and the Mediterranean region.
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Analysis
Digital transformation: what does it really mean?: SIRM Forum 2019
This year’s SIRM Forum opened for its 46th anniversary at the Seedamm Plaza Hotel in Pfäffikon (SZ) on 22 and 23 October 2019
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Analysis
Lloyd’s risks becoming ‘irrelevant’ unless it grasps tech revolution, says boss John Neal
’Once-in-a-generation opportunity’ to lead the marketplace in delivering innovative services and solutions, argues Lloyd’s head
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Analysis
Who to see and what they’re saying at Airmic 2019
AIG, stand: 29-30 Who will be there? AIG has a team of experts from across the business to provide attendees with access to a broad range of specialists, including, Jon Gregory, global head of kidnap & ransom and crisis solutions, who presented on the topic, No crisis ...
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Analysis
Can Lloyd’s reinvent itself after its £1bn loss?
After more than 330 years, the venerable insurance market Lloyd’s of London has announced plans to overhaul the antiquated way it does business