Risk Management
In Depth: Haulage - a market in flux
The haulage industry poses many challenges to insurers, including a high volume of claims and a competitive rating environment.
Europe: Building success for construction firms
The improving Spanish infrastructure sector offers an opportunity for local insurers.
UK P&I Club warns of ‘chaos’ in implementation of new cargo law
A new law that requires shippers to weigh each container before loading it on a ship could spark “chaos and commercial disputes” when it comes into force in two months’ time, the UK P&I Club has warned.
Ferma calls for risk management in implementing new EC directive
The European Commission should emphasise the importance of risk managers when it comes to issuing guidelines on how to implement the new Non-Financial Reporting Guidelines.
Blog: Taking action against climate change
Insurers have an important role to play in taking on climate change, both in terms of providing protection and as investors
Storms: Tackling increasingly severe events
With rising temperatures and an increase in ever more costly incidents, how is the insurance industry coping with the hail of bad news?
Panama Papers leak could expose insurers to wider claims
Insurers could be hit hard as a result of the fallout from the Panama Papers data leak, according to lawyers.
UN chief urges insurers to ‘green’ investments to manage climate risk
United Nations secretary-general Ban Ki-Moon has urged the insurance industry to "green" its investment portfolios and double its investment in clean energy to help manage the impact of climate change.
Businesses urged to understand terrorism exposure as European risk rises
2015 was the most lethal year for terrorist violence in Europe in nearly a decade, according to research from Aon Risk Solutions, which also found one-third of all attacks in the western world since January 2015 targeted private citizens and public…
C-Suite Broker: Marsh's Charles Beresford-Davies on the importance of communication around the Insurance Act
With the implementation of the Insurance Act imminent, insureds are already attempting to seize the opportunity to gain the benefits
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
Oil price shocks could drive insurers out of energy sector
Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
Flood Re gets PRA and FCA authorisation
Regulators have confirmed Flood Re will be authorised from tomorrow ahead of the scheme’s 4 April start date.
FM Global blames dollar strength for premium decline as combined ratio rises
FM Global said its financial results for 2015 were ‘outstanding’ despite a drop in its gross in-force premium and an increase in its combined ratio.
Saga partners with New Re to 'reduce exposure' underwriting risk
Saga has signed a quota share agreement to cover 75% of the motor policies risks of its in-house underwriter AICL from 1 February.
Expertise from A-Z: Casualty - Into the unknown
The casualty landscape is ever-changing. Insurers and brokers must be aware of all developments when giving advice
Trade Voice: Airmic's John Hurrell - The value of insurance
It is more important than ever for the market and its customers to work together to demonstrate the value of commercial insurance
Kane to sell ILS administration and captive management business Artex
Global insurance management firm Kane will sell its captive management and insurance linked securities administration business, Artex Risk Solutions.
SMEs split on Brexit according to Zurich risk poll
Just under 40% of SMEs would back Brexit according to Zurich’s latest SME Risk Index.
Broker teams up with Australian Rugby Union for club risk management app
Sydney-based insurance broker Gow Gates has created a rugby club risk management app with the Australian Rugby Union.
Ex-Marsh executive Julie Page returns to Aon
Julie Page will take up the UK national managing director role at Aon Risk Solutions, following her departure as CEO of consumer and commercial at Marsh last year.
Two 'manageable' issues holding up Flood Re PRA authorisation three weeks from launch, CEO McCafferty admits
Flood Re still has two obstacles to overcome before it is granted authorisation by the Prudential Regulation Authority - despite only being three weeks away from its proposed launch date (4 April).
Cyber criminals increasingly moving from privacy breaches to extortion
Increasingly sophisticated malware and ransomware attacks are rising to the top of the cyber threat list, with industry cyber experts predicting a surge in ransomware incidents in 2016.
CFC hires Matt Taylor to head emerging risks business
CFC has hired Matt Taylor as its head of emerging risks, as the underwriting agency continues the growth of the business.