Region
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Howden Tiger says property cat reinsurance market hardening at quickest pace since 1990s
The property-cat reinsurance market has seen continued rate hardening, with risk-adjusted rates up an average 33% at 1 June, the…
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Hong Kong insurers see first quarter rise in general insurance premiums
Total gross premiums written by the Hong Kong insurance industry fell by 7% to $147.2bn for the first quarter of…
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EU Parliament adopts directive to stop environmental and human abuse
The European Parliament has adopted its position for negotiations with member states on rules to integrate human rights and environmental…
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Portuguese risk managers question value of cyber cover
The hard cyber insurance market has become such a big issue that companies must ask themselves whether it is really…
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Cyber losses from 1-in-200-year event could reach $33.4bn, says Guy Carpenter
A one-in-200-year cyber loss could cost the insurance industry between $15.6bn and $33.4bn but would manageable for the market, according…
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TSR maintains below-normal forecast for hurricane activity in 2023
Tropical Storm Risk is maintaining its below-normal pre-season forecast update for North Atlantic hurricane activity in 2023, with activity expected…
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M&A appetite returning despite concern over regulatory risks
Appetite for M&A looks set to rebound this year despite fears over stricter regulations, with more firms likely to turn…
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Aon’s Fumagalli joins Sompo International in Italy
Sompo International has appointed Simona Fumagalli as country manager of insurance in Italy. She will be based in the company’s…
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US broker M&A expected to rise after sluggish Q1
US insurance broker M&A is expected to remain robust this year, despite a slow first quarter amid macroeconomic challenges, according…
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Alta Signa names AIG’s Huidekoper D&O and FI manager in Benelux
MGA Alta Signa Europe has appointed Sytse Huidekoper from AIG as D&O and financial institutions manager in Benelux as it…
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Europe’s risk managers must be clear on strategy and transparent to secure best terms: Wegener
Ferma president Dirk Wegener has advised Europe’s risk and insurance management community to focus on transparency and clarity when it…
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Mactavish index shows UK claims litigation hitting High Court up 14% last year
New data from Mactavish finds that the number of commercial claims disputes going to the UK High Court rose 14%…
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Climate activists accuse US insurers’ largest shareholders of inaction
Climate activists have accused the largest shareholders of certain US insurers of failing to hold the companies to account over…
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Less trust in AI among digitally advanced countries, finds Swiss Re
Consumers in more digitally advanced countries have less trust in AI than those from less technologically advanced nations, finds a…
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Near-normal North Atlantic hurricane season but uncertainty over predictions
Most forecasting groups and agencies are predicting near-normal activity for the 2023 North Atlantic hurricane season, which officially gets underway…
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Head of cyber insurance appointed at Inigo
James Creasy has been appointed as the head of cyber insurance at Inigo Limited. The UK insurer said cyber insurance…
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Lloyd’s, QBE and Mapfre join exodus from NZIA
Lloyd’s, QBE and Mapfre have become the latest members of the UN-convened Net Zero Insurance Alliance (NZIA) to leave, with…
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Parima starts Indian expansion with Mumbai event
The Pan-Asia Risk and Insurance Management Association (Parima) will kick off its latest membership drive in India with the upcoming…
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Narim rewards Lepidis and Meijers at annual conference
The winner of this year’s Aon Scholarship award presented by Dutch risk and insurance management association Narim at its annual…
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Ericsson named in record $279m whistleblower case
The record $279m whistleblower award handed out by the US Securities and Exchange Commission (SEC) was for a bribery case…