Ben Norris
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RIMS survey highlights plethora of BI challenges facing insureds
Risk managers have named difficulties quantifying losses as their greatest challenge when handling business interruption (BI) claims. The RIMS Business…
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CRE Insurance
Standalone cyber market best way to meet demand for cover, argues JLT
JLT believes that a standalone cyber insurance market is the best way to deliver the depth and breadth of cover…
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Captives
Cyber exposures higher than property with mismatch in insurance protection: Survey
Companies spend four times more insuring property than cyber risks, despite the fact they now value cyber assets above those…
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GRM Insurance
XL Catlin expands in M&A insurance space
XL Catlin has expanded its suite of M&A insurance products aimed at supporting deals in the global transactional risk market,…
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CRE Insurance
Data breaches up 39% in Q1 2017: Beazley
Beazley has recorded a 39% in the number of data breaches reported by its clients in the first three months…
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Africa
Companies urged to better prepare travellers for malaria risk
Companies with a workforce in malaria-affected countries have been urged by International SOS to better control the risk of employees…
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Analysis & Opinion
Advertorial: What’s a steering wheel?
In the past few months: a self-driving pod developed by Oxbotica made its debut in Milton Keynes, England; a self-driving…
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Global Risk Manager
Bermudian market records premiums of $92.3bn in 2016
Members of the Association of Bermuda Insurers and Reinsurers (ABIR) posted global net income of $10.2bn in 2016, with gross…
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CRE Insurance
FM Global to set up European hub in Luxembourg
FM Global has decided to set up a European hub in Luxembourg post-Brexit, to ensure full access to clients on…
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Asia
AIR Worldwide rolls out cyber risk model
A cyber risk modelling tool for commercial insurers has been released by AIR Worldwide, the cat risk modelling company. AIR…
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CRE People Moves
Liberty Specialty Markets names new broker head
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly created role of…
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Association News
RIMS survey uncovers ‘unacceptable’ disruptive technology risk management
Risk managers need to increase their understanding of disruptive technologies and related threats, finds a joint survey by RIMS and…
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BI
Aon’s flagship survey reveals ‘worrisome’ fall in preparedness for leading risks
European companies’ preparedness for the top 10 risks they face has deteriorated and risk readiness of global firms is at…
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Aviation
AWAC to offer drone training to its clients
Clients of Swiss-based specialty insurer Allied World Assurance Company Holdings (AWAC) in the US can now get help with deploying…
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CRE Insurance
Alternus brings alternative capital to primary market
The Schinnerer Group has brought the first dedicated commercial insurance solution backed by alternative capital to market for retail clients…
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GRM Insurance
Barbican launches quote-and-bind portal for DUA business
Specialty insurer Barbican Insurance Group has implemented what it said is a pioneering new policy quote-and-bind portal, which will significantly…
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CRE Insurance
Munich Re and Beazley launch $100m cyber risk transfer option
Munich Re and Beazley have launched a cyber risk transfer option that offers up to $100m of capacity to large…
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CRE Insurance
Duperreault reportedly in running to become new AIG CEO
Former ACE chief Brian Duperreault is being considered as the new CEO of AIG, according to media reports. Citing sources…
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Aviation
City watchdog raids aviation brokers in antitrust probe
The Financial Conduct Authority (FCA) has launched an antitrust investigation into the aviation insurance broking sector. The Financial Times said…
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CRE Legal Regulation
DAS LawAssist extends ATE cover to IP and construction disputes
The after-the-event insurance division of the DAS UK Group has extended the cover of its civil and commercial litigation product…