Insurer results and specialty focus good news for corporate risk managers, for now…

Insurer results and specialty focus good news for corporate risk managers, for now…

Insurer results and specialty focus good news for corporate risk managers, for now…

The latest set of half-year insurer results strongly support the notion that the market believes the cycle is dead and significant strategic change is the only way forward if returns for investors are to be maintained. There is evidence of a hardening in some areas, but generally it is stable. It was noticeable that very few insurance and reinsurance company…

The insurer’s perspective: HDI Denmark

The insurer’s perspective: HDI Denmark

The insurer’s perspective: HDI Denmark

Adrian Ladbury covers the questions in this year’s European Risk Frontiers survey with Michael Klitvad, managing director for HDI Denmark, the local representative of this year’s survey sponsor. Adrian Ladbury [AL]: Will the corporate insurance market harden this year in the Nordic countries? Is there adequate capacity for customer risks in this region and in which areas do you see…

European Court of Justice moves on insurance status of immobilised vehicles

European Court of Justice moves on insurance status of immobilised vehicles

European Court of Justice moves on insurance status of immobilised vehicles

The recent European Court of Justice (ECJ) decision in Fundo de Garantia Automovel v Juliana has confirmed that a vehicle left immobilised on private land is still subject to compulsory motor insurance, irrespective of the owner’s intention not to use the vehicle. The decision will have widespread implications for corporates, who could be required to insure vehicles kept on private…

Defect or damage: Pragmatism needed in construction claims

Defect or damage: Pragmatism needed in construction claims

Defect or damage: Pragmatism needed in construction claims

Zurich recently hosted a webinar on the tricky and uncertain field of damage or defect claims in the construction sector. Exclusions are used to define the scope of cover available under an all-risks policy and try and bring more contract certainty. But, at the end of the day, collaboration and pragmatism are also needed from all parties to reach satisfactory…

Construction market growth solid but risks rapidly evolving

Construction market growth solid but risks rapidly evolving

Construction market growth solid but risks rapidly evolving

The massive european and global construction market continues to grow and offer corporates and their insurers a rich vein of income. However, the risks are complex, fast evolving and demand professional and coordinated risk management. Insurance capacity remains plentiful and rates competitive, but risk and insurance managers can expect a tougher stance from carriers over time as margins narrow. Adrian…

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