Risk Specialty
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Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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Norsk Hydro sued in the Netherlands over contamination in Brazil
Norwegian energy company Norsk Hydro is being sued in the Netherlands over allegations that its aluminium plant in Brazil polluted…
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US casino Covid BI ruling turns against insured in favour of Zurich, AIG and Allianz
A New Jersey appeals court overturned a lower court and ruled against an Atlantic City casino and in favour of…
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Zurich report finds risk management shortfalls exacerbated storm Bernd
Simply blaming the catastrophic impact of severe weather event Bernd that caused devastating flooding and damage of up to €50bn…
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French insurers report €1.26bn in claims from recent storms
French insurers have incurred some €1.26bn in claims from bad weather at the start of June and in late May,…
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New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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EthiXbase launches supply chain compliance checks to help firms meet Germany’s new human rights law
With six months left to comply with Germany’s new human rights legislation, UK businesses with operations in the country can…
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Everest Insurance expands into Asia with Singapore office
Everest Insurance has entered the Asian market with the opening of an office in Singapore. Everest, the insurance division of…
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More data vital for better renewal outcome on US property risks, says Gallagher
US property underwriters are requiring more data to work on submissions and, in particular, insureds need to focus on replacement…
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Pool Re to invest in terrorism risk management solutions
Pool Re is embarking on a new chapter that will see the UK’s state-backed terrorism reinsurer modernise its reinsurance offering,…
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BELFOR cements Scandinavian position through SSG acquisition
BELFOR, a leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined…
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German diesel manipulation legal protection claims exceed €1.4bn and still rising
The cost of disputes in Germany over the so-called ‘Dieselgate’ scandal continues to rise and it now represents the costliest…
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Slowing rate increases in energy sector, says Gallagher
The global energy market is seeing varying rate increases depending on loss records for upstream risks and relatively low rate…
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Large ports pose accumulation and supply chain risk, warns Russell Group
Large ports have become centres for high value concentration, raising the threat of risk accumulation, according to data and analytics…
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Microsoft says Russia has increased cyberattacks on Ukraine’s allies
Microsoft has detected Russian cyberattacks on 182 organisations and businesses in 42 countries supporting Ukraine since war broke out, as…
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UK employment tribunal sets new precedent with long-Covid disability ruling
An employment tribunal in the UK has ruled for the first time that long Covid is a disability, under the…
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Work needed on LMA cyberwar exclusions to address buyer concerns
Buyers, brokers and insurers need to have open and frank discussions about the Lloyd Market Association’s (LMA) cyberwar clauses, which…
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New senior underwriter for marine and energy liability at Markel International
Markel International has hired Jeannie Schreiner as a senior underwriter for marine and energy (M&E) liability. Schreiner will be based…
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Eiopa demands improved communication and clarity on wordings and exclusions
The European Insurance and Occupational Pensions Authority (Eiopa) has published two consultation papers that seek to address confusion and uncertainty…
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Policyholders score some ‘influential’ wins in US Covid rulings
A Louisiana appeals court’s refusal to dismiss policyholder litigation in a Covid-19-related business interruption (BI) case is a significant ruling…
