All insurance articles – Page 22
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AnalysisQ1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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AnalysisFERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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AnalysisGeneva Association urges action on pandemic backstop
Governments must take on role of insurer-of-last-resort in future pandemic risk solutions, finds thinktank
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AnalysisSedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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AnalysisD&O market is ‘brutal’, say brokers
The D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of the hard insurance market, said panellists at Insurance2025
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AnalysisGlobal climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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AnalysisRansomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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AnalysisBrexit: Over 440 financial firms have relocated
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU
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AnalysisGVNW urges action on pandemic risk solution
German insurance buyers’ association calls for immediate discussion at an EU and national level
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AnalysisIoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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AnalysisAsset-light economy presents new, disruptive risks
Corporations are holding more risk on their balance sheets as the value of intangible assets and potential for systemic risk grows
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AnalysisEnergy sector undergoes rapid transformation
WTW report highlights the importance of using risk quantifications and analytics to conduct energy transition initiatives
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AnalysisSocial inequality shapes political risk map
Pandemic-induced economic stress will continue to exacerbate global political risk throughout 2021, according to Marsh
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AnalysisNat cats cost global economy $190 billion in 2020
While COVID-19 was a stress test for society and the economy, it has an expiry date – climate change does not, warns Swiss Re chief economist
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AnalysisGVNW renewal survey shows “loss of trust”
Two thirds of German insurance buyers are actively seeking alternative risk transfer solutions, such as captive insurance and parametric covers
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FeaturesUK audit regime puts D&Os in the spotlight
Sweeping new reforms are set to place greater responsibility on directors and officers to ensure accurate financial reporting
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AnalysisSuez: 300 ships on standby
The Suez Canal situation will unveil which organisations have a strong understanding of their supply chain risk, and which do not
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AnalysisMS Exchange attacks to hit larger firms
Large firms in Germany and US at high risk of recent cyber attacks on the servers running Microsoft’s email services
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AnalysisInsurer CNA hit by cyber attack
The insurer, which underwrites cyber insurance via subsidiary CNA Hardy, said the “sophisticated” attack on 21 March caused network disruption
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AnalysisOECD: Insurers need “skin in the game” on pandemics
Insurance sector needs to play more active role in future pandemic solutions, says OECD secretary-general Angel Gurría
