Global Risk Manager
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April 26, 2024
Aon’s revenues up 5% as it completes $13bn NFP deal
Aon’s revenues rose 5% in the first quarter of this year, by $199m to $4.07bn, with Commercial Risk Solutions delivering…
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April 26, 2024
Pen extends fleet capacity deal with Zurich in Republic of Ireland
Pen Underwriting has extended its long-term strategic collaboration with Zurich in the Republic of Ireland in support of Pen’s highly…
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April 26, 2024
Mapfre Global Risks boosts profit by 58% despite reduced premiums
Mapfre’s large corporate and industrial unit Global Risks posted a 58% boost to its net result that hit €10.7m for…
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April 26, 2024
Talanx confident of ‘significantly exceeding’ full-year forecast
Hannover-based insurance and reinsurance group Talanx has reported a quarterly consolidated net income of €572m. The group – which contains…
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April 26, 2024
US insurers’ profitability unlikely to be impacted by Baltimore bridge collapse
The Baltimore bridge collapse incident is unlikely to impact the profitability of US insurers, according to GlobalData, despite being one…
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April 26, 2024
WTW posts 4% higher revenue on mixed rating environment
WTW reported $2.34bn in first-quarter revenue, up 4% overall and 5% on an organic basis from the year-earlier period, in…
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April 26, 2024
Gallagher reports 20% revenue increase in Q1 with premiums up 7% at renewal
Arthur J. Gallagher reported double-digit revenue increases in both of its major business segments in the first quarter of 2024,…
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April 26, 2024
Marsh launches global alternative risk solutions practice
A new global alternative risk solutions practice has been launched by Marsh, bringing together its expertise in parametric solutions, alternative…
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April 25, 2024
ICEYE in data collaboration with Juniper Re on flood and wildfire
Satellite-powered disaster management solutions provider ICEYE has formed a new data collaboration with Juniper Re, the reinsurance broking arm of…
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April 25, 2024
Senior appointments in Lockton’s crisis management team
Lockton has made two senior promotions within its crisis management team. Helen Sandford has been appointed head of special crime…
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April 25, 2024
New CEO of Davies’ multi-sector global consulting division
Pino Vallejo has been appointed as the new CEO of Davies’ multi-sector global consulting division, formerly known as Sionic. He…
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April 25, 2024
Cyber cat consortium launched to help transfer systemic risk
Ariel Re and Hiscox Re & ILS have launched an “industry first” cyber catastrophe consortium to ultimately boost coverage in…
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April 25, 2024
London market to remain closed for construction SPPI cover
The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime…
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April 24, 2024
Rates fall in most regions during Q1 but rise in Europe and US: Marsh
Average commercial insurance rates fell in the UK, Asia, Canada and the Pacific during the first quarter of this year…
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April 24, 2024
Major cyberattack would hike rates but insurers would ‘brush off’ losses: Lockton Re
A major cyber catastrophe event will inevitably see the return of rate increases for buyers although the insurance industry as…
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April 24, 2024
Chubb says Q1 saw ‘best rates’ as it books $2bn profit
Chubb chairman and CEO Evan Greenberg said the group saw “the best rates and pricing” for more than a year…
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April 24, 2024
Early construction project engagement critical to mitigate climate risks
A panel during Commercial Risk’s Construction Risk Management Europe Conference urged construction companies to get technical experts involved much earlier…
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April 24, 2024
CFC forms team focused on M&A deals in renewable energy market
A dedicated team focused on underwriting representations and warranties insurance in the renewable energy market has been established by specialist…
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April 23, 2024
Action needed to bridge $800bn Asian climate finance gap
Asian governments, regulators and businesses need to sustain collective commitment and action, strengthen climate disclosures and support the de-risking and…
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April 23, 2024
Courage and collaboration needed to manage emerging construction sector risks
The construction sector’s long-term outlook is positive, but it faces a number of challenges, not least the number of emerging…