Ben Norris
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CRE Insurance
AXA pulls insurance and investments from coal producers in climate change pledge
AXA has warned world leaders that the effects of global warming are not insurable, as it unveiled a raft of…
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CRE Insurance
Cunningham Lindsey appoints director for Brazil growth
Loss adjuster Cunningham Lindsey has appointed Andre Lopes as director in a move to boost its Brazilian operations. Mr Lopes…
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Global Risk Manager
Validus revamps senior management reporting lines
Bermuda-based Validus has made a number of leadership appointments that are intended to enhance the development and execution of its…
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CRE Insurance
Delayed payments still common at German firms, but lack of concern over Brexit: Coface
A new survey from credit insurer Coface has revealed that nearly 78% of Germany companies were affected by delayed payments…
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CRE Insurance
Parker Fitzgerald and HolistiCyber form cyber risk partnership
Risk management consultancy Parker Fitzgerald has formed a strategic partnership with HolistiCyber to address state-level cyber threats to banks and…
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CRE Insurance
Liberty Specialty Markets moves UK insurer to Luxembourg
Liberty Specialty Markets (LSM) will redomicile its European headquarters to Luxembourg, to ensure its business can continue unaffected by Brexit…
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BI
AIR drops insured loss estimate for Hurricane Maria
AIR Worldwide has reduced its insured loss estimate for Hurricane Maria to between $27bn and $48bn, from its previous estimate…
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CRE Insurance
AM Best raises Zurich’s outlook to stable
AM Best has revised its outlook for the non-life insurance operations of Zurich Insurance Group from negative to stable on…
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CRE Insurance
Losses from Cyclone Herwart estimated at €252m
European catastrophe insurance data company PERILS has estimated insured property losses for Cyclone Herwart, which mainly affected Austria and Germany…
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Association News
RIMS survey reveals 3.5% rise in US risk professionals’ salaries
Average wages for risk professionals in the US increased 3.5% in 2017, according to RIMS’ biannual Compensation Survey, which also…
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CRE Insurance
UK general insurers pass PRA stress test but areas for improvement
UK general insurers met the recent regulatory stress test conducted by the Prudential Regulation Authority (PRA) and demonstrated higher quality…
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CRE Insurance
Sedgwick to buy Cunningham Lindsey
Risk and benefits solutions company Sedgwick Claims Management Services is to buy loss adjuster Cunningham Lindsey with its 600 offices…
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Association News
Airmic urges market to embrace FCA’s broker review
The insurance market should welcome the UK regulator’s review of competition in the wholesale broking market, and see it as…
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CRE Risk Management
FRC proposes revised UK Corporate Governance Code
The Financial Reporting Council (FRC) has this week proposed a revised UK Corporate Governance Code but has left the parts…
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Global Risk Manager
EU publishes blacklist of non-cooperative tax jurisdictions
Seventeen states are included on the first ever EU list of non-cooperative tax jurisdictions agreed by the finance ministers of…
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CRE Insurance
Berkshire Hathaway Specialty’s European CEO Tom Bolt joins AIG
Tom Bolt, president and CEO of Berkshire Hathaway Specialty’s UK and European operations, is to join AIG as chief underwriting…
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CRE Insurance
Zurich encourages risk managers to help solve growing income protection gap
Risk managers must consider the implications of a growing income protection gap brought about by an ageing population and big…
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Analysis & Opinion
Advertorial: Your refrigerator – appliance or accomplice?
If hackers are hungry enough for information, your refrigerator is not off limits. They are not interested in what’s inside…
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Aviation
Marsh promotes Costin and Heath to UK aviation roles
Marsh has appointed Mark Costin as head of its UK aviation practice. Mr Costin was previously leader of Marsh’s UK…
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Association News
Airmic report urges organisations to do more work on risk appetite
Companies must do more to tailor their risk appetite frameworks and help implement strategies to improve their bottom line, according…