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Catastrophe exposures are increasing for large corporates as insurance rates rise and capacity shrinks, with shortfalls in some areas, putting...
UK regulator the Financial Conduct Authority (FCA) has rejected the defences of eight insurers for not paying claims on business interruption (BI) policies for Covid-19 losses.
Insurers have reported sizeable rate increases in the first quarter and numbers show the hardening is getting worse for buyers, with one insurance CEO describing conditions as the...
Risk managers should not meekly accept the “knee-jerk” reaction of insurers to flatly deny business interruption (BI) pandemic claims, because policy structures...
Last year saw a record number of global property and casualty (P&C) distribution deals, according to a study from Conning. In contrast, insurer acquisitions slowed last year...
Most corporate insurance managers will be focusing on how, if possible, to call on their liability coverage to help their company through the current pandemic...
Moves to address silent cyber in the property insurance market are overreaching and could leave buyers with gaps in coverage, Marsh JLT Specialty has warned...
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...
A new standard to boost the resilience of UK cities has been launched by the BSI with the backing of the World Bank, UNISDR, UN Habitat and the OECD...
British Steel is in dispute with Zurich Insurance and other insurers about a £30m claim for a damaged blast furnace at its UK, Scunthorpe premises, as it enters insolvency this week...
