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Swiss Re suffers $1.1bn nat cat losses in Q3

Third-quarter natural catastrophe losses will cost Swiss Re $1.1bn, net of retrocession and before tax. Although high for a single…

Brexit begins to change dynamics but London company market delivers 16% premium rise

No dominant post-Brexit hub is emerging for London company firms, as the market delivered a 16% premium jump in 2017 and its statistics begin to…

By Ben Norris on October 18, 2018

HK insurance regulator promotes ILS

Hong Kong will step up its efforts to foster the creation of an insurance-linked securities (ILS) market through the introduction of legislation to allow the…

By Adrian Ladbury on October 17, 2018

Nuclear cover debate hots up as India continues power expansion plan

Pressure is mounting on the Indian Government to…

By Adrian Ladbury on October 17, 2018

HK to open Belt and Road insurance exchange

Hong Kong’s insurance regulator has announced plans to…

By Nicholas Pratt on October 17, 2018

Asia suffers huge September cat losses but protection gap persists

September saw Asia suffer thousands of fatalities and…

By Nicholas Pratt on October 17, 2018

AXA XL gets regulatory nod to move EU business to Ireland

AXA XL has received authorisation in principal to…

By Ben Norris on October 17, 2018

Risk Management

Risk managers under regulatory pressure to step up climate change strategy

UK regulator the Prudential Regulation Authority (PRA) has…

By Ben Norris on October 17, 2018

African Development Bank joins risk management efforts to curb impact of worm infestation on east African agriculture

The African Development Bank (AfDB) has joined the…

By David Kaye on October 17, 2018

Facebook reveals hackers accessed 30 million accounts

Facebook has revealed that personal data from about…

By Sarah Jolly on October 16, 2018

Insurance

Talanx shares dip as investors warned of big third-quarter industrial property losses

Shares in German insurance and reinsurance group Talanx fell shortly…

By Adrian Ladbury on October 16, 2018

AXA XL appoints CUO for London wholesale

AXA XL has appointed Dan Curran as chief underwriting officer…

By Ben Norris on October 16, 2018

MMC says up to 5% of jobs under threat following JLT acquisition

Following its planned acquisition of JLT, Marsh & McLennan Companies…

By Ben Norris on October 16, 2018

Cyber

Cyber flies up ranking to top risk facing Ferma members

Cyber has flown up the ranking and is now the number one…

By Ben Norris on October 10, 2018

International Programme News

US property/casualty insurers double income for first half of 2018

The first half of 2018 has seen private US property/casualty insurers more…

By Tony Dowding on October 16, 2018

Risk Management Profession

Risk managers can ‘save the world’ from climate change but only if they boost collaboration

Risk managers are best placed to save the world from climate change…

By Ben Norris on October 10, 2018

Captives

AGCS restructures alternative risk transfer business

Allianz Global Corporate & Specialty (AGCS) is to separate its insurance-linked markets…

By Tony Dowding on October 10, 2018

Legal & Regulation

Concern over possible IPT rise in UK’s autumn Budget

There is concern in the UK, especially from small to medium-sized enterprises…

By Tony Dowding on October 12, 2018

People Moves

Artemis founder to join Peak Re

Hong Kong-based reinsurer Peak Re has recruited the founder of Artemis Specialty,…

By Nicholas Pratt on October 16, 2018

Big change underway at HDI as new specialty carrier takes shape and property book tackled

The planned arrival of a leading new global specialty insurer…

By Adrian Ladbury on October 8, 2018

British Airways breach covered by insurance and loss could top £100m: sources

The recent data breach at British Airways (BA) is set…

By Stuart Collins on October 2, 2018

Global programme service still falling short, say leading risk managers

Risk managers taking part in our European Risk Frontiers survey…

By Ben Norris on September 28, 2018

UK Government sets out no-deal scenario plans for financial services

With a no-deal scenario looking increasingly possible for Brexit, insurance…

By Tony Dowding on September 27, 2018

Changing times force changing behaviours

A new operating environment, both economically and demographically, is creating…

By Liz Booth on August 28, 2018

What can the risk manager do?

As demand for greater risk management increases from the insurance…

By Liz Booth on August 28, 2018

Skills needed for changing demographics

There is much discussion about the skills gap in Africa…

By David Kaye on August 28, 2018

Adapt or die – the message on climate change

Risk managers will need to learn to be adaptive if…

By Liz Booth on August 28, 2018

India considers 100% FDI in insurance brokers

The Indian Government is reportedly considering removing a cap on…

By Nicholas Pratt on October 3, 2018

Global insurance M&A activity grew in first half of 2018 – Clyde & Co

Merger and acquisition (M&A) activity in the global insurance industry…

By Tony Dowding on August 15, 2018

Non-life premiums slow in 2017, but growth still driven by emerging markets

Global non-life premium growth has slowed, with an increase of…

By Tony Dowding on July 6, 2018

Captives increasingly writing cyber liability, employee benefits and terrorism, says Marsh Report

Captive insurance vehicles are rapidly growing in popularity as risk…

By Tony Dowding on May 25, 2018

Big change underway at HDI as new specialty carrier takes shape and property book tackled

The planned arrival of a leading new global specialty insurer…

By Adrian Ladbury on October 8, 2018

India considers 100% FDI in insurance brokers

The Indian Government is reportedly considering removing a cap on…

By Nicholas Pratt on October 3, 2018

Global programme service still falling short, say leading risk managers

Risk managers taking part in our European Risk Frontiers survey…

By Ben Norris on September 28, 2018

Factors in choosing a broker for a global insurance programme

A multinational programme will generally be put together by the…

By Tony Dowding on September 27, 2018