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Solvency II review could see companies excluded from aspects of regime under proportionality: EIOPA

Solvency II review could see companies excluded from aspects of regime under proportionality: EIOPA

EIOPA’s upcoming Solvency II review could, for the first time, see some companies excluded entirely from certain aspects of the…

Belgium’s Asco confirms ‘large-scale’ ransomware attack

Belgium’s Asco confirms ‘large-scale’ ransomware attack

Belgian aviation manufacturer Asco has confirmed a “large-scale” ransomware attack that has taken down all business activities and its communications. Confirming the attack almost a…

By Ben Norris on June 19, 2019

EIOPA calls for strengthening of insurance sector regulation

EIOPA calls for strengthening of insurance sector regulation

Regulation of the insurance sector should be strengthened, according to the European Insurance and Occupational Pensions Authority (EIOPA) in its recently released 2018 Annual Report.…

By Tony Dowding on June 18, 2019

Marsh & McLennan CEO hails the ‘Age of Risk’

Marsh & McLennan CEO hails the ‘Age of Risk’

“The Age of Risk has only just begun,”…

By Tony Dowding on June 19, 2019

New strategic direction for IAIS in 2020

The International Association of Insurance Supervisors (IAIS) has…

By Tony Dowding on June 18, 2019

Cargo theft loss prevention must focus on insider threat: report

Cargo theft loss prevention must focus on insider threat: report

Theft from trucks continues to account for the…

By Adrian Ladbury on June 18, 2019

Insurers may fight claims from Australia’s financial services scandal

Insurers may fight claims from Australia’s financial services scandal

The insurance industry could face large losses from…

By Stuart Collins on June 18, 2019

Risk Management

Debt burdens rising as African countries boost developments

Sub Saharan Africa (SSA) government debt to GDP…

By David Kaye on June 19, 2019

Hiscox rolls out cyberattack calculator

Hiscox rolls out cyberattack calculator

Specialist insurer Hiscox has developed an online calculator…

By Sarah Jolly on June 18, 2019

US cyber insurers profitable but market is ‘rapidly evolving’

US cyber insurers profitable but market is ‘rapidly evolving’

Cyber insurers in the US are currently profitable, but are…

By Tony Dowding on June 19, 2019

German insurtech gathers momentum as Cologne announces April trade fair

German insurtech gathers momentum as Cologne announces April trade fair

Germany’s insurtech hub InsurLab has confirmed that it will hold…

By Ben Norris on June 19, 2019

Growing African insurance markets remains a challenge

Growing African insurance markets remains a challenge

One of the perennial questions for African insurers is how…

By Liz Booth on June 19, 2019

Cyber premiums in US growing but at a lower pace, says Aon report

Cyber premiums in US growing but at a lower pace, says Aon report

Cyber premiums for US insurers have more than doubled in the last…

By Tony Dowding on June 14, 2019

International Programme News

New board members for Geneva Association

New board members for Geneva Association

The Geneva Association has elected four new board members, from Ping An…

By Tony Dowding on June 18, 2019

Risk Management Profession

Airmic members crave more strategic role: survey

Airmic members crave more strategic role: survey

Airmic’s latest member survey has found a profession that craves greater opportunity…

By Ben Norris on June 5, 2019

Parima joins Labuan captive meeting as Asia-Pacific growth continues

Parima joins Labuan captive meeting as Asia-Pacific growth continues

Steve Tunstall, general secretary of Parima, will represent the association at a…

By Adrian Ladbury on June 12, 2019

Legal & Regulation

Chamber of Commerce advises Indian government to raise insurance foreign ownership cap

Chamber of Commerce advises Indian government to raise insurance foreign ownership cap

The Federation of Indian Chambers of Commerce and Industry (FICCI) has advised…

By Adrian Ladbury on June 14, 2019

AGCS announces new global leadership roles for aviation and marine

AGCS announces new global leadership roles for aviation and marine

Allianz Global Corporate & Specialty SE (AGCS) has appointed Tom Fadden as…

By Tony Dowding on June 14, 2019

Commercial Risk Europe
Commercial Risk Africa
Commercial Risk Asia
International Programme News

Risk managers looking for cross-class innovation from insurers

Risk managers looking for cross-class innovation from insurers

Risk managers are looking to insurers for innovative products at…

By Tony Dowding on June 14, 2019

Firms ignoring more obvious risks as media hype sways perception: BDO survey

Firms ignoring more obvious risks as media hype sways perception: BDO survey

Some 76% of 500 c-suite executives and risk experts believe…

By Sarah Jolly on June 14, 2019

Airmic expands offering for new world of risk

Airmic expands offering for new world of risk

Airmic is expanding its support for members as the fast-changing…

By Stuart Collins on June 4, 2019

Judgments needed as interpretation of Insurance Act proves tricky

Judgments needed as interpretation of Insurance Act proves tricky

Key aspects of the Insurance Act and damages for late…

By Stuart Collins on June 4, 2019

South Africa: business as usual?

South Africa: business as usual?

With political risk again being cited as the number one…

By David Kaye on June 11, 2019

Looking to the future

Looking to the future

Across the world, the issue of sustainability and particularly of…

By Liz Booth on June 11, 2019

Kenya’s general insurance uptake drags on rising fraud, poor selling

Kenya’s general insurance uptake drags on rising fraud, poor selling

Patrick Alushula takes a look at the state of Kenya’s…

By Patrick Alushula on June 11, 2019

Spreading the value of insurance

Spreading the value of insurance

According to the UN, there are some 500 million smallholder…

By Liz Booth on June 11, 2019

Asia-Pac captive domiciles to see growth, says Best

Asia-Pac captive domiciles to see growth, says Best

Captive domiciles in Asia-Pacific are set to benefit from growth…

By Tony Dowding on May 21, 2019

Ifrima plans academic study to back global programmes campaign

Ifrima plans academic study to back global programmes campaign

A serious academic study on the negative impact of inconsistent…

By Adrian Ladbury on May 3, 2019

Risk of resource nationalism rises significantly in 30 countries, finds Verisk Maplecroft index

Risk of resource nationalism rises significantly in 30 countries, finds Verisk Maplecroft index

Investors face “significantly” higher risk of resource nationalism in 30…

By Ben Norris on March 21, 2019

Insurance rates rise in all regions for first time since 2012: Marsh

Insurance rates rise in all regions for first time since 2012: Marsh

Global average commercial insurance prices rose by 2% in Q4…

By Ben Norris on February 26, 2019

US cyber insurers profitable but market is ‘rapidly evolving’

US cyber insurers profitable but market is ‘rapidly evolving’

Cyber insurers in the US are currently profitable, but are…

By Tony Dowding on June 19, 2019

Risk managers looking for cross-class innovation from insurers

Risk managers looking for cross-class innovation from insurers

Risk managers are looking to insurers for innovative products at…

By Tony Dowding on June 14, 2019

Cyber premiums in US growing but at a lower pace, says Aon report

Cyber premiums in US growing but at a lower pace, says Aon report

Cyber premiums for US insurers have more than doubled in…

By Tony Dowding on June 14, 2019

The curious contradiction of M&A risk transfer

The curious contradiction of M&A risk transfer

Mary Duffy, global head of M&A insurance at AIG, explains…

By Mary Duffy, global head of M&A insurance at AIG on June 14, 2019