Risk Management
Zurich risk chief warns refusing sectors cover is not the answer to net-zero transition
Insurers should resist removing cover for sectors that face being made obsolete by a move to a net-zero economy despite deteriorating risks profiles, Zurich’s group chief risk officer Peter Giger has said.
Intelligence: China - Implications of uncertainty
There would be serious consequences for the insurance market if escalation of tensions between the major western democracies and China arose. David Worsfold asks, therefore, why insurance companies are burying their heads in the sand about the issue…
European insurance industry able to meet customers promises even under extreme one in 1000 year events
A Solvency II stress test conducted by the European Insurance and Occupational Pensions Authority confirms the European insurance industry’s ability to meet promises to customers even under extreme one in 1000-year events.
Swiss Re reports nat cat losses fourth worst since 1970; Davies buys BVS; Leak Bot to go public after reverse takeover; and Ryanair teams up with insurtech
Post wraps up the major insurance deals, launches and investments of the week
Aviva's Nick Major on why brokers are key to helping SMEs avoid unseen risks
Some firms believe horizon scanning for bigger issues is a luxury reserved only for the largest and best-resourced companies but as Nick Major, managing director of commercial lines at Aviva, explains it should be the cornerstone for all businesses.
Allianz in Uber tie-up; Assured Partners acquires SW broker; BGL and Covea to launch new direct brand; and Twelve Capital/Eos unveil insurtech focused growth fund
Post wraps up the major insurance deals, launches and investments of the week
Intelligence: The supply chain crisis – why the insurance lifeboat can’t take all
Supply chain issues have made headlines recently as backlogs at ports build up and in some cases large ships are turned away. These are unprecedented times but as Rachel Gordon finds out insurance is only part of the solution
Video: View from the top: Aviva chief distribution officer Gareth Hemming
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 we hear from Aviva’s Gareth Hemming as he offers his insight and thoughts on supporting customers and brokers during the pandemic.
Intelligence: Deepfakes – the next cyber threat?
Recent technological advances and increased dependence on video-based communication have accelerated the ability for fraudsters to create realistic audio and video fakes, also known as deepfakes, using artificial intelligence learning. Post investigates…
Lloyd v Google: Supreme Court judgment spares insurers ballooning class action liability exposure
A Supreme Court judgment handed down last week that found in favour of Google is expected to spare businesses operating in the UK and their insurers from being liable for potentially billions of pounds in claims.
COP26 Round up: Week two
Post rounds up the insurance news and announcements from the second week of COP26 in Glasgow.
COP26 Blog: Putting the E into ESG for people, planet… and profit
Sicsic Advisory climate change lead Kelly Coombes considers changing expectations under environmental, social and corporate governance - and what insurance firms need to do in practice.
Insurance industry climate change commitments lacking action plans, says Carbon Chain co-founder
Insurance industry is behind other industries when it comes to taking action on climate change, according to Carbon Chain chief operating officer and co-founder Roheet Shah.
COP26 Blog: Climate change and the regulatory landscape
With a growing trend towards compliance with climate-related reporting standards and a flurry of other regulatory proposals in the post, companies and their insurers will be forced to put green issues at the head of the agenda if they haven’t already…
COP26 Round up: Week one
Post rounds up the insurance news and announcements from the first week of COP26 in Glasgow.
Insurers must not get in the way of customers' net zero transitions, conference hears
Speaking at the COP26, Net Zero Insurance Alliance founding members urged that insurers should not get in the way of customers moving to net zero.
COP26 Blog: Helping SMEs face the challenges of climate change
Aviva commercial lines managing director Nick Major considers SME attitudes to climate change and how insurers should support these businesses.
COP26 Briefing: A tale of two insurance climate reports
Two reports released on COP26's finance day highlight mountains insurers – and others – have yet to climb in the climate challenge.
Annual investment into renewable energy needs to quadruple: Munich Re's Wenning
There needs to be a quadrupling in current investment in renewable energy, Munich Re CEO Joachim Wenning has noted as he called on countries to develop roadmaps through the transition.
Report calls for expanded risk sharing to tackle the climate emergency
A report from the University of Cambridge urges policymakers, financial regulators and the insurance industry to expand risk sharing systems at scale to tackle the climate emergency.
COP26 Blog: Risk sharing in the climate emergency - a call to action
The influential insurance sector must do all it can to help combat the climate emergency, blogs Ben Wilson, Association of British Insurers' director of corporate affairs and climate change.
'Silent climate' cover in policies a risk as litigation ramps up
Lawyers are working with clients to understand how insurance policies may or may not respond in the event of climate-related litigation, as more governments and companies find themselves subject to lawsuits.
COP26 Blog: The future of ‘climate change’ insurance policies
Mayer Brown senior association Alys Jones and partner James Whitaker consider a growing desire and need for climate change cover.
COP26 blog: Insurance industry has a powerful role to play to protect against flooding
As heads of state, environmental scientists and campaigners attend COP26, the insurance industry must adapt now to protect UK homes from the damaging effects of climate change, writes Andy Bord, CEO of Flood Re.