BI
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January 17, 2023
Concern jumps over macroeconomic risks but cyber and BI retain top spots: Allianz Barometer
Macroeconomic risks and the energy crisis have shot up the ranking, but cyber and business interruption (BI) remain the top…
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January 17, 2023
Clearer future for BI cover after pandemic turmoil despite ongoing claims, says GILC report
There is now more clarity for both businesses and insurers around what can be expected from a business interruption policy,…
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January 13, 2023
IP risk management and geopolitics big concern for life sciences
A new survey by WTW finds that life science firms are now concerned about a much wider range of enterprise…
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January 5, 2023
IUA to work further with Airmic on wordings and contract clarity
UK and wider European risk managers will be pleased to hear that the International Underwriting Association (IUA), which represents 73…
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December 22, 2022
Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
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December 8, 2022
US court rules in musical’s favour against Chubb in Covid-19 case
A Broadway musical production about entertainer Tina Turner that was cancelled because of Covid-19 is entitled to coverage from a…
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December 8, 2022
Staying ahead of the storm
Many risk managers feel they have been in firefighting mode for the last two years, struggling to stay ahead of…
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December 8, 2022
Italian, French and German business groups call for regulatory truce
The Italian, French and German confederations of industry have sent a joint declaration to national governments and the EU, calling…
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December 7, 2022
Risk managers must innovate as models thrown into doubt by current crises
Risk managers must challenge some of the models and assumptions they rely upon to help mitigate the raft of current…
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December 6, 2022
Insurers narrowly avoided ‘catastrophic’ Covid-19 BI losses: DBRS Morningstar
Buyers are likely to see tighter policy wordings and the promise of greater contract certainty following high-profile legal challenges to…
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December 6, 2022
AXA wins Covid-19 exclusion case in Court of Cassation
The French Court of Cassation has confirmed its refusal to compensate the operating losses suffered by restaurateurs during lockdown in…
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December 1, 2022
UK Covid BI litigation still favouring buyers as Stonegate appeals
Covid-19 business interruption (BI) litigation in the UK continues to favour policyholders despite insurers’ claims to have prevailed in recent…
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November 30, 2022
Preparing for the storms ahead
Many risk managers feel they have been in firefighting mode for the last two years, struggling to stay ahead of…
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November 17, 2022
German minister says resilience must be collective effort
The German government is stepping up its efforts to make the nation more resilient in the face of rising natural…
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November 11, 2022
N2G revisited: Two years on and Generali joint venture is growing in strength
Q: What was the rationale for the formation of N2G, from Generali’s perspective? Filippo Cinelli (FC): The US market represents…
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November 10, 2022
GVNW welcomes Extremus extension but calls for broader solution for systemic risks
The German risk and insurance management association, the GVNW, has welcomed the news that the government will extend the state-backed…
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October 28, 2022
Weak risk management exposed Australia’s BI insurers to Covid-19 losses: APRA
Australia’s commercial insurers “took their eye off the ball” in writing business interruption (BI) policies that could have exposed them…
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October 25, 2022
Amrae warns of further market hardening as reinsurance pressure mounts
French insurance buyers will face renewed pressure at coming renewals across many lines in the form of higher rates, lower…
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October 20, 2022
EC accelerates enhanced physical and cyber infrastructure plans
The European Commission (EC) this week proposed a range of measures, including enhanced cyber protection, to strengthen the resilience of…
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October 20, 2022
Challenging times but Sedgwick looking to help risk managers
There are clearly a number of major issues currently impacting corporates, so Tony Dowding talked with Sedgwick at the Ferma…