Geopolitical
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July 28, 2022
Lloyd’s to cover Ukraine grain shipments: Carnegie-Brown
Lloyd’s insurers and brokers are preparing to provide cover for grain shipments from Ukraine and will announce their plans shortly,…
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July 28, 2022
Scor results hammered by nat cats
A combination of the war in Ukraine, natural catastrophes and the severe drought in Brazil have hammered Scor’s profitability in…
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July 27, 2022
Cyberattacks shift to Europe as ransomware rises 63% despite fall in other regions: SonicWall
Europe recorded a 63% surge in ransomware attacks in the first half of this year, in contrast to the general…
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July 27, 2022
AXIS Capital latest carrier to post strong growth but profits marred by investment hit
Bermuda-based AXIS Capital is the latest international (re)insurance group to report strong premium growth on the back of continued market…
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July 27, 2022
Conduit Re posts Ukraine-related H1 loss but sees bright outlook with capacity tight
Conduit Re, the pure-play Bermuda-based but London-listed reinsurer that was launched in 2020, has delivered further strong growth driven by…
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July 26, 2022
Added exclusions from Ukraine crisis threaten validity of international programmes: GVNW
The German risk and insurance management association, the GVNW, has warned insurers that there is no need for further territorial…
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July 22, 2022
Beazley posts strong premium growth on back of ‘buoyant’ rating environment
Beazley reported strong gross written premium growth of 26% to $2.5bn in the first half of this year supported by…
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July 21, 2022
Risk managers must up their game to tackle cascading climate change risk ‘blindspots’, warns Verisk
Most companies and governments are “woefully unprepared” for the knock-on effects of climate change and are creating “risk blindspots”, warns…
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July 21, 2022
Fitch warns European BI buyers will not be covered if Russia cuts its gas supply
Europe’s energy companies are unlikely to be able to claim for business interruption (BI) losses from their insurers if Russia…
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July 20, 2022
EU urges member states and UN to bolster defences against Russian cyber threat
The EU said it remains “determined to address and investigate malicious cyber activities” affecting international peace, security and stability launched…
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July 18, 2022
Ukraine accuses European and US banks of war crimes for supporting Russian oil
Ukraine’s government has accused European and US banks of war crimes for financing companies trading in Russian oil, and threatened…
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July 15, 2022
LMA cyberwar clauses likely to change amid buyer concerns, says leading broker
The Lloyd's Market Association’s (LMA) recently published cyberwar clauses are in their first iteration and are likely to change following…
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July 5, 2022
Days of cheap supply chains over as companies urged to reassess risk: TT Club
TT Club has warned that the days of cheaper supply chains are likely over as fundamental economic, societal and geopolitical…
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June 30, 2022
Physical cyberattacks pose a growing threat as geopolitical tensions intensify: Lloyd’s
Critical infrastructure and businesses face a growing threat of physical damage from cyberattacks, in particular because of the closer integration…
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June 29, 2022
Europe’s corporations face rising credit strain as Ukraine crisis continues
The third-quarter 2022 economic and financial outlook for European corporations is looking increasingly bleak, with tighter financing conditions and rising…
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June 23, 2022
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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June 21, 2022
Ukraine conflict means global programme restructuring
The war in Ukraine and the associated sanctions on Russia are causing companies to rethink and restructure their global insurance…
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June 21, 2022
War and inflation dampen mood in German insurance industry
The first ‘mood barometer’ of German business since the outbreak of war in Ukraine unsurprisingly finds increased uncertainty in the…
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June 17, 2022
Ukrainian risk manager says now is the time for insurance to prove its worth
A Ukrainian risk manager told Commercial Risk’s latest event that now is the moment for insurance to prove its worth…
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June 13, 2022
Resilience to geopolitical threat falls as risk increases, finds Beazley survey
A falling number of business leaders in the UK and US believe they are well able to manage geopolitical risks…