Home - Commercial Risk

Risk managers urged to sell their risks as tough market intensifies

European risk managers must focus on selling their risks to insurers and delivering the best information possible as the market…

Swiss Re Corporate Solutions falls to nine-month loss but group says turnaround continues

Swiss Re Corporate Solutions fell to a $323m nine-month loss as Covid-19 cost $678m, but its parent group was keen to stress that the turnaround…

By Ben Norris on October 30, 2020

Captives can show their value in a hard market, says CRE’s Captives: Next Generation report

Risk managers believe the hardening market is a time for captives to really show their value, according to Commercial Risk Europe’s Captives Report 2020 –…

By Tony Dowding on October 30, 2020

Aon’s revenues flat but profits up a touch

Aon’s revenues, including those at its Commercial Risk…

By Ben Norris on October 30, 2020

Covid-19 revenue hit will last beyond Q3, says Willis Towers Watson

Willis Towers Watson (WTW) reported a 1% revenue…

By Sarah Jolly on October 30, 2020

Marsh’s revenues increase by 3% in Q3

Marsh & McLennan Companies’ (MMC) risk and insurance…

By Sarah Jolly on October 30, 2020

Insurers’ reputation at risk because of clumsy renewals: GVNW

GVNW president Alexander Mahnke has warned insurers that…

By Adrian Ladbury on October 29, 2020

Risk Management

GRI sustainability reporting standards published in Portuguese

Sustainability reporting standards published by the Global Reporting…

By Ben Norris on October 28, 2020

Proactive risk management needed to avoid wave of mental health claims

Companies must take a proactive approach to employee…

By Stuart Collins on October 27, 2020

Huge increase in professional indemnity rates behind new Guernsey captive

Rapidly increasing premiums, notably in professional indemnity (PI)…

By Tony Dowding on October 27, 2020

Insurance

Swiss Re Corporate Solutions’ IPA platform gives access to German insurer

Swiss Re Corporate Solutions is set to provide access to…

By Tony Dowding on October 28, 2020

AXA XL’s withdrawal from London D&O market leaves ‘large hole’ in capacity

AXA XL’s decision to become the latest insurer to withdraw…

By Stuart Collins on October 28, 2020

Chubb hit by heavy cat losses in Q3 but net income up 9%

Chubb recorded a 9% increase in net income for the…

By Sarah Jolly on October 28, 2020

Cyber

Paragon teams with CyberCube to help clients manage cyber risk

Paragon International Insurance Brokers has teamed up with CyberCube to roll out…

By Sarah Jolly on October 26, 2020

International Programme News

Geneva report says insurers would need 150 years of premium to cover Covid-19 BI losses

A new report by The Geneva Association concludes that there is “nowhere…

By Ben Norris on October 28, 2020

Risk Management Profession

Captives a key tool in hard market but need serious investment

Captives are currently a good option for European risk managers as they…

By Adrian Ladbury on October 12, 2020

Captives

Now is the time for captives to shine, says new report from Commercial Risk Europe

There has been a lot of talking up of captives during the…

By Tony Dowding on October 23, 2020

Legal & Regulation

SII review could reduce capital burden for UK insurers in 2021, says Fitch

The UK could reform “burdensome aspects” of Solvency II (SII) as early…

By Ben Norris on October 26, 2020

People Moves

Zaffino named AIG CEO

Peter Zaffino will become AIG’s CEO in March when he takes over…

By Ben Norris on October 27, 2020

Captives can show their value in a hard market, says CRE’s Captives: Next Generation report

Risk managers believe the hardening market is a time for…

By Tony Dowding on October 30, 2020

AXA XL’s withdrawal from London D&O market leaves ‘large hole’ in capacity

AXA XL’s decision to become the latest insurer to withdraw…

By Stuart Collins on October 28, 2020

Now is the time for captives to shine, says new report from Commercial Risk Europe

There has been a lot of talking up of captives…

By Tony Dowding on October 23, 2020

Covid-19: South African risks and opportunities

“Never let a good crisis go to waste,” said Rahm…

By Liz Booth on September 22, 2020

Risk intelligence key to a sustainable future

Only by building risk-intelligent organisations will leaders be able to…

By Liz Booth on September 22, 2020

Social media remains key reputational risk

A recent tweet by a director of Cricket South Africa…

By Liz Booth on September 22, 2020

Covid-19 increases corporate exposure to modern slavery, finds Maplecroft index

The economic fallout from Covid-19 will increase the risk of…

By Sarah Jolly on September 4, 2020

Now is the time for captives to shine, says new report from Commercial Risk Europe

There has been a lot of talking up of captives…

By Tony Dowding on October 23, 2020

Changing tariffs affect Indian global property programme local policies, says Willis Towers Watson

Global property programme local policies in India will require increased…

By Tony Dowding on September 11, 2020

Covid-19 increases corporate exposure to modern slavery, finds Maplecroft index

The economic fallout from Covid-19 will increase the risk of…

By Sarah Jolly on September 4, 2020

Average rates up between 11% and 30% in Q2 as gap between supply and demand grows: Aon

Rates continue to harden across the global insurance market with…

By Ben Norris on August 25, 2020

Captives can show their value in a hard market, says CRE’s Captives: Next Generation report

Risk managers believe the hardening market is a time for…

By Tony Dowding on October 30, 2020

AXA XL’s withdrawal from London D&O market leaves ‘large hole’ in capacity

AXA XL’s decision to become the latest insurer to withdraw…

By Stuart Collins on October 28, 2020

Now is the time for captives to shine, says new report from Commercial Risk Europe

There has been a lot of talking up of captives…

By Tony Dowding on October 23, 2020

Supporting the transition to sustainability

Insurers have an important role to play in sustainability, not…

By Gabrielle Durisch, head of sustainability and head of claims strategy and analytics, commercial insurance at Zurich Insurance Group on October 23, 2020