The Commercial Risk platform provides essential information to corporate risk and insurance managers, as well as their risk transfer partners via our specialist titles Commercial Risk Europe, Commercial Risk Africa, Commercial Risk Asia and International Programme News.
Social inflation, rather than replenishment of capital, is driving the hardening pricing cycle in the US property/casualty (P/C) insurance sector, according to Standard & Poor’s Global Ratings...
Catastrophic events could wipe $584bn from the global economy in 2020, 3% higher than the value at risk this year, according to analysis from the Centre for Risk Studies (CRS)...
Insurance buyers are divided over whether cyber property damage should be covered by standalone cyber policies or property insurance, just as insurers ramp up efforts to tackle silent cyber risks...
AM Best has urged rated insurers in Florida’s insurance market to remain cautious when developing pricing and setting reserves...
US pharmaceutical company Merck is in dispute with insurers over losses it sustained during the 2017 NotPetya attack. Commercial Risk Europe understands the company has instigated legal proceeding in the US against its property insurers...
Changing regulation and new approaches by regulators are a challenge for risk managers, both in terms of keeping up with the evolving regulatory environment, and the impact on...
US risk management society RIMS has signed a joint letter to US Congress, warning of the risks to businesses if the National Flood Insurance Program (NFIP) is allowed to lapse at the end...
Chubb has backed a $1m project to reduce the risk of flooding along the Miami coast. In partnership with conservation group The Nature Conservancy...
With predictions of a hard reinsurance market following the trio of US hurricanes last year long faded, reinsurance brokers at this year’s Monte Carlo Rendez-Vous agreed the market has entered a new era...
RIMS wants to see a further extension of the US National Flood Insurance Program (NFIP) and hopes that its government will find a solution to ensure the facility is sustainable over the long term...
