CRE Insurance
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Geneva Association says cyber risks need government backstop or PPP
A government backstop or public-private partnership (PPP) is needed to transfer certain catastrophic cyber risks because the private insurance market…
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Over 10,000 UK BI policyholders still without Covid-19 payments
More than 10,000 UK businesses are still awaiting any form of payment from their insurers for Covid-19 business interruption (BI)…
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UK bars four EU financial services firms under post-Brexit regime
Four European financial services firms have been barred from conducting business in the UK, after its regulator said they failed…
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Generali Global Corporate & Commercial strengthens construction and engineering capabilities
Generali Global Corporate & Commercial (GGC&C) has enhanced its partnership with Protos Check, with a new agreement that the insurer…
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Lloyd’s considers future at One Lime Street
Lloyd’s could move out of its iconic home at London’s One Lime Street, according to reports. Trade publication Business Matters…
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European insurers tell EC proposed Solvency II changes would add avoidable costs
The European insurance trade association has told the EC that its proposed changes to Solvency II include elements that would…
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Global tensions can be eased through climate risk management, finds new report
Lloyd’s has published a new report that it says will help risk managers and insurers navigate the significant overlap between…
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UK to review London market regulations after push for more proportionate rules
A new UK parliamentary investigation into London insurance market regulation is an “opportunity” for more proportionate rules to secure the…
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IUA business plan targets correlate with risk managers’ concerns
The International Underwriting Association (IUA) is set to focus on the problems that keep risk managers awake at night. The…
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Rebel investors step down and prepare to battle re-election of Generali board
The rift between Italian insurance giant Generali and two of its biggest investors that are unhappy with the new strategic…
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Pool Re backs new systemic risk research to develop transfer solutions
A new research programme, led by the funded by UK terrorism mutual Pool Re and a consortium of international companies,…
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AssuredPartners names Chubb exec Hammond as next CFO
Broker AssuredPartners has named Chubb executive Mark Hammond as chief financial officer from 2 March. As first reported in our…
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Credit Suisse files $1.17bn of insurance claims for Greensill funds
Swiss bank Credit Suisse is seeking $1.17bn from insurers to cover losses linked to the collapse of Greensill Capital through…
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HDI Global names new head of underwriting in Ireland
HDI Global has named Chubb’s Niall Carberry as head of underwriting for Ireland. Carberry was most recently head of casualty…
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Ferma pushes for further progress on captives in Solvency II review
Ferma has welcomed proposed changes to Solvency II that would strengthen the concept of proportionality, and in particular the creation…
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Tysers sells UK trade credit book to Xenia
Specialist UK broker Xenia Broking Group has acquired the UK trade credit and surety business of Tysers Insurance Brokers. The…
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Business impact of Brexit muddied by pandemic: Atradius
The dual hit of Brexit and Covid-19 on businesses cannot be separated, according to trade credit insurer Atradius, with the…
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Renewable energy growth creates complex threat landscape for risk managers: WTW
Rapid growth in the renewables energy sector has landed risk managers with a full in-tray of emerging risks, according to…
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Europe’s pharma firms demand stronger IP protection
The European Federation of Pharmaceutical Industries and Associations (EFPIA) has called upon the EU to significantly strengthen provisions in free-trade…
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WTW launches new crisis management unit
Willis Towers Watson (WTW) has established a new crisis management unit after merging its special contingency risks and terror and…
