GRM News & Analysis
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Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
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Omicron could lead to ‘mother of all supply chain stumbles’: HSBC
Europe’s risk managers should expect factory closures in Asia to add to existing transportation and labour problems, and intensify the…
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WEF warns of cyber risk ‘blindspot’
Companies may be overlooking cyber risks as the pandemic and climate change dominate the risk agenda, according to the World…
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Covid-19 scars raise societal and climate risks: WEF
Growing inequality and political tensions in the wake of the pandemic will make it even harder to tackle climate change,…
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First quarter to see pockets of hard market continue in the US, says Amwins
US insureds will see pockets of the current hard market continue throughout the first quarter of 2022, as the market…
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Premium volume down 12% in Latin American insurance market – Mapfre report
The Latin American insurance market saw an 11.9% decrease in premiums during 2020 to $134.361bn, of which 57% ($77.055bn) came…
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Risk landscape reset amid complex and changing renewals, says Howden
An already complex underwriting environment has been complicated further by the mix of heightened secondary catastrophe perils, rising core inflation,…
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Challenging renewals for construction amid capacity tightening
The pace of hardening in the construction insurance market has lost some of its steam in 2021, but buyers should…
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Shifting defence tactics for US nuclear verdicts
The soaring costs of nuclear verdicts have reached a point where transportation companies, product makers and other defendants are more…
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How MGAs can stay best in class
Christopher Miller, partner in McGill and Partners’ structured solutions team, outlines how managing general agents (MGAs) can differentiate themselves in…
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Clear blue water ahead for MGAs
Mike Keating, CEO of the London-based Managing General Agents’ Association (MGAA), tells GRM’s Garry Booth that the outlook for managing…
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Cyber market sustainability rests on better risk management
Increased cyber resilience and better modelling will be key to the long-term sustainability of cyber insurance, according to market experts.…
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What’s behind the upcoming reinsurance renewals? The reinsurer’s view
Simon Welton, market head, P&C UK and Ireland at Swiss Re UK, gives his view on how the European reinsurance…
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What’s behind the upcoming reinsurance renewals? The reinsurance broker’s view
Mike Van Slooten, head of business intelligence at Aon Reinsurance Solutions, tells GRM’s Garry Booth what forces are at work…
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Bright future for captives, says Tennessee’s newly appointed captive director
Since Tennessee began modernising its captive insurance law ten years ago, the domicile has seen steady growth, rising to ninth…
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Nat cat losses to top $100bn in 2021 says Swiss Re
This year is estimated to see global insured losses of $105bn as a result of extreme weather events, according to…
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Increase in EPL and D&O claims in US in 2022, predicts Clyde & Co
Next year is likely to see an increase in claims in the US for employment practices liability (EPL) and D&O,…
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A world of trouble for political violence insurers
The political violence insurance market, which covers businesses against damage caused by strikes, riots and civil commotion, is bracing itself…
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Side-A D&O cover remains grey area for captives despite growing interest
There is growing interest among corporates to put D&O cover in their captive as the hard market bites, as well…
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IUMI report highlights 2020 growth for marine insurance sector but 2021 uncertain
Global marine insurance premiums for 2020 increased by 6.1% from 2019 to reach $30bn, according to the International Union of…
