BI
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March 13, 2024
McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
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March 8, 2024
Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…
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February 13, 2024
Covid BI litigation slowly favouring policyholders but key questions remain
Policyholders continue to make progress in their fight to recover Covid-19 business interruption losses from insurers, although the settlement of…
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February 8, 2024
After the storm
One year ago, at the annual conference of the French risk and insurance management association AMRAE, the feeling among risk…
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February 1, 2024
Supply chain risk management not up to scratch at nearly two-thirds of firms, survey finds
Unpredictable demand is currently seen as the number one supply chain headache for European companies, and voted a bigger risk…
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January 22, 2024
$3trn of trade at risk from Red Sea disruption
Data and analytics firm Russell Group has warned that headwinds are set to blow across the global economy because up…
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January 22, 2024
QBE Covid BI interest charges a victory for policyholders
The news that QBE paid more than £386,000 to companies for delays in covering Covid-19 related business interruption (BI) losses…
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January 19, 2024
Policyholders suffer key defeat in Allianz appeal victory
The UK Court of Appeal this week handed down judgment in Various Eateries Trading Ltd v Allianz Insurance Plc, in…
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January 17, 2024
Tankers divert as war risk premiums jump again for Red Sea route
War risk premiums for shipments through the Red Sea region have jumped to about 1% of the ship‘s value over…
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January 16, 2024
Red Sea shipping crisis beyond Q1 would severely impact supply chains, warns Allianz Trade
The impact of disruption to the Red Sea shipping route on global supply chains could become “more severe” if it…
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January 16, 2024
Cyber and BI remain biggest concerns while fears over political threats rise in Allianz Barometer
Cyber and business interruption remain the biggest concern for companies across the world, according to the latest Allianz Risk Barometer.…
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January 12, 2024
Moody’s RMS estimates Japan quake losses up to $6bn
Moody’s RMS estimates that insured losses from the earthquake that struck the Noto Peninsula in Japan on 1 January will…
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December 15, 2023
Israel-Gaza conflict triggers further event cancellation coverage restrictions
Following the attack on Israel by Hamas on 7 October and the subsequent war in Gaza, insurers are reviewing cancellation…
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November 30, 2023
NorthStandard launches ‘first’ marine cover for bad weather delays
P&I club NorthStandard said it has introduced the first ever marine strike and delay cover for adverse weather to protect…
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November 27, 2023
Stonegate settles Covid-BI case with insurers
UK-based hospitality group Stonegate has settled its disputed Covid-19-related business interruption (BI) claim with insurers ahead of its appeal, which…
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October 25, 2023
HDI Global launches branch office in Portugal
German industrial insurer HDI Global said it will open a new branch office in Portugal as part of growth plans…
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October 12, 2023
Climate risks loom large over semi-conductor supply chains, warns Moody’s
The resilience of global supply chains is under threat from the concentration of semi-conductor manufacturing in regions highly exposed to…
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October 11, 2023
US commercial insurance rate increases moderate to 3.2% in Q3: MarketScout
US commercial insurance rates rose 3.2% in aggregate during the third quarter, compared with 5% in Q2, according to MarketScout.…
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October 10, 2023
Darim approaches 100th member
The Danish Risk and Insurance Management Association (Darim) is on the verge of a milestone. It currently has 99 members…
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September 13, 2023
Heat and floods risk wiping $65bn from clothing exports
Extreme heat and flooding in four of the world’s largest fashion manufacturing countries puts at risk an estimated $65bn in…