GRM News & Analysis
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UK to follow French lead as government consults on new captive regime
The UK risk and insurance management community received good news from its government this week, which announced plans to deliver…
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Overcapacity likely to accelerate airline insurance sector softening
While insurers try to hold some pricing resolve for the airline insurance sector, over capacity exists for many risks and…
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Increasing regulatory risks for global insurance programmes
Alex Gage, head of global programmes – specialty risks, Beazley, spoke to Global Risk Manager about demand for specialty products,…
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France and Lloyd’s set out their pitch for captive business
Europe’s captive market is set for new competition with the emergence of separate initiatives from Lloyd’s of London and France.…
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Marine hull risk managers face prolonged hard market as dark clouds gather
Marine hull insurers are enjoying a healthy period with strong premium growth on the back of a tighter insurance market,…
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Collaboration is key for captives managing cyber risk
Now is the time for companies to consider using their captives for managing cyber risk, according to a panel of…
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Nat cat, US liability and construction set for tough renewal
The insurance market is looking much more stable for European buyers at year-end renewals but there remain some difficult areas…
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Captives regulators address talent shortage
If you thought it was hard to attract talent to the insurance industry, spare a thought for the niche that…
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Firm and lasting commitment to risk management only way ahead: Baron
Business leaders the world over need to accept that the perma-crises of the current day are here to stay and,…
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Global M&A insurance claims rise despite fewer deals
Global M&A insurance claims have risen despite a reduced volume of deals this year, according to Liberty Global Transaction Solutions’…
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Global programmes and the current market environment in Europe
Global Risk Manager spoke to Rory MacLeay, international leader, Marsh Multinational, about the current environment for European multinational companies and…
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Captive interest set to continue, say Europe’s risk managers
Captives have proved a useful defensive tool to deal with the tough market conditions in Europe, according to risk and…
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Spanish and Italian risk managers push for simplified captive rules
Leading risk managers have urged Italian and Spanish regulators to align themselves with other European jurisdictions and make it easier…
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South Africa facing ‘momentous shift in risk landscape’
Corporate and commercial entities in South Africa have been negatively impacted by emerging risks in the past three years, according to…
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Demand for political risk cover set to grow as elections mount in 2024: Chaucer
A year of high-stakes elections lies ahead in 2024 and is increasing the appetite for political risk insurance, according to…
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US transportation insurance sector seeing downward pricing pressure
The US transportation sector has seen a significant number of challenges over the last 12 to 18 months, but despite…
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EIOPA consults on captive supervision ahead of SII review
Good news for Europe’s captive owners came just before they met in Antwerp for the Ferma Seminar as the European…
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Strong competition sees improving market conditions, says Lockton
New entrants, often with a broader risk appetite, are driving strong competition for business and forcing existing insurers to limit…
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Increased modelling credibility required for cyber catastrophe risks
Cyber catastrophe risk is inherently difficult to model and price, and the insurance industry is hampered by a lack of…
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Climate litigation on the rise across broad range of sectors
Litigation related to climate change, and the perceived failure by organisations to address it, is increasing. Activists are now targeting…