Analysis – Page 4
-
Analysis
Covid-19 drives losses of £2bn for Lloyd’s
’Financial pressures will continue to affect businesses’ as economies emerge from the pandemic - Insurance DataLab
-
Analysis
US banks vulnerable to systemic cyber attack
Tail events from a systemic cyber risk event caused by a ’single point of failure’ could be “material”, warns Fitch
-
Analysis
UK government launches event cancellation scheme
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
-
Analysis
Aborted Aon WTW deal a “victory for competition”
Insurance buyers stand to benefit from greater choice as regulators lose appetite for monopolistic tie-ups - Brokerslink
-
Analysis
Aon and WTW call off mega merger
Brokers terminate merger agreement following “an impasse” with the US Department of Justice
-
Analysis
European floods hit over 70,000 properties
Total insured losses could reach €5 billion as Airmic CEO Graham says even climate scientists “were shocked”
-
Analysis
Cyber tops financial services risk register
Cyber attacks, pandemics and over regulation are among the biggest fears for CEOs at banks and insurers - PwC
-
Analysis
Pool Re forms advisory group for systemic risks
12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
-
Analysis
Is the ‘harsh market’ starting to ease?
At mid-year, pricing for most classes of business was back to technical levels - but cyber remains an outlier
-
Analysis
Prince Charles and global insurers join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
-
Analysis
RIMS joins Business Continuity Coalition
The aim is to build a more stable insurance market that will support organizations as they navigate future pandemics
-
Analysis
COVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
-
Analysis
UK insurers settle over £750m of COVID-related BI claims
Data reveals Hiscox has more than double the number of COVID-related BI claims in comparison to its peers
-
Analysis
AXA France offers restaurateurs €300m BI settlement
Support package provides a lump sum indemnity settlement to cover the equivalent of 15% of 2019’s catering turnover activity
-
Analysis
BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
-
Analysis
Ransomware cartels “expand the playbook” - CyberCube
Criminals will continue to target high-profile organisations, having researched their ability to pay a ransom prior to the attack
-
Analysis
IoT is a supply chain risk "game-changer"
Aon’s vaccine insurance solution demonstrates the technology’s potential in the insurance market, says GlobalData
-
Analysis
Claims shop window applauded for pandemic-driven innovation
Insurance Times editor Katie Scott explains why this year, celebrating claims excellence is all the more pertinent
-
Analysis
IRM names Sidebottom new chair
Stephen Sidebottom, former Global Head Business HR, Standard Chartered Bank, replaces Iain Wright, CRO, Europe, Canada Life
-
Analysis
COVID diverting attention from slavery risks
Businesses in financial services and technology could be dangerously unaware of the rising risks of modern slavery in their supply chain