Insurance
-
Willis sees potential end to soft commercial risk market in US
A new report from broker Willis Towers Watson on the state of the US commercial insurance market suggests that the…
-
2015 lethal year for terrorism in Europe as risk rises globally: Aon
The latest Terrorism and Political Violence Map from Aon Risk Solutions found that there were more deaths in Europe last…
-
Munich Re and Beazley launch cyber cover for large corps
Corporate Insurance Partner, the industrial risks unit of Munich Re, has joined forces with Lloyd's insurer Beazley to provide cyber…
-
BI top cyber risk concern reveals Aon captive survey
Business interruption caused by data breach is the top cyber risk concern for businesses across all industries, according to Aon's…
-
Cat In A Box app from RMS aimed at corporates
An app that simplifies the design of parametric insurance-linked contracts will broaden their use among corporations whose operations are exposed…
-
Buyer’s market will continue as capacity floods to power sector: Marsh
Risk and insurance managers in the international power generation sector can look forward to another soft and highly competitive insurance…
-
Corporate round-up
Generali launches global property programme for US-based multinationals, AGCS names Strong head of EIL in London unit, Markel appoints new…
-
World Bank to step up disaster risk financing under new climate plan
The World Bank Group (WBG) has committed to scaling up its sovereign disaster risk financing and will add five countries…
-
AIR launches cyber risk scenario and expands consulting arm
Catastrophe modelling firm AIR Worldwide has released the first open source deterministic cyber risk scenario and plans to release more…
-
Do not dump us all into same ‘immoral bucket’: Bermuda
The leak of 11.5 million files from the world's fourth biggest offshore law firm, Panama-based Mossack Fonseca, that revealed a…
-
US suffers $2bn insured losses from spate of storms
Storms and flooding in the US last month caused estimated insured losses of around $2bn, according to Aon Benfield.
-
Corporate round-up
Worldwide Broker Network adds two new members and International SOS and Control Risks boost TravelTracker platform.
-
London insurers must intensify risk management as soft market continues: Bank of England
The Bank of England warned the London and wider UK general insurance market this week that it needs to be…
-
Risk transfer pricing down again in April, but decline slows a touch
Prices fell again at the April reinsurance renewals, although the overall decline was slightly down on that achieved 12 months…
-
Global insurance M&A to continue this year, but value of deals unclear: S&P
Credit rating agency Standard & Poor's (S&P) expects the merger & acquisition (M&A) trend in the global insurance sector to…
-
Zurich accelerates efficiency drive to get back on even keel
Zurich chairman Tom de Swaan has reiterated that his firm's general insurance segment, and Global Corporate division in particular, delivered…
-
Rising terror threat largely underinsured
Attacks in Brussels, Lahore and Turkey in the past two weeks highlight the growing human and financial cost of terrorism…
-
AIG Europe delivers stable 2015 results
AIG's European operations delivered stable results in 2015 with key metrics all fractionally up on the previous year. However, adverse…
-
Tianjin loss uncertain and climbing: Swiss Re
The explosions at the Chinese port city of Tianjin proved the most challenging and costly event for the insurance industry…
-
Losses mount as companies grapple with supply chain risk
The increased threat from Islamic State (IS) and an influx of migrants caused serious supply chain issues in Europe and…