Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Upstream market braced for $250mn-$450mn ground-up loss from Pemex rig explosion
The upstream energy market is braced for a ground-up claim of between $250mn-$450mn following a fatal explosion at a Pemex oil rig on Friday in the...
The upstream energy market is braced for a ground-up claim of between $250mn-$450mn following a fatal explosion at a Pemex oil rig on Friday in the...
Article / 9 months ago
IMR 2023 – Terrorism and political violence
Current political/economic conditions and conflicts around the globe are helping drive up pricing for political violence and terrorism insurance...
Current political/economic conditions and conflicts around the globe are helping drive up pricing for political violence and terrorism insurance...
Article / 1 year ago
Parametric potential but work still to do
Growing natural catastrophe risks have seen the (re)insurance market harden for such threats and this has led to increased interest in parametric insurance...
Growing natural catastrophe risks have seen the (re)insurance market harden for such threats and this has led to increased interest in parametric insurance...
Article / 1 year ago
The advantages of parametric policies - CIT
Fast payouts as a result of a simplified claims adjustment process is one of the main advantages of parametric insurance compared to traditional indemnity insurance...
Fast payouts as a result of a simplified claims adjustment process is one of the main advantages of parametric insurance compared to traditional indemnity insurance...
captiveinsurancetimes.com /
Article / 2 years ago
Ten reasons why you need a global insurance programme
It may feel as though globalisation is currently under attack, as wars, sanctions and pandemics threaten global business...
It may feel as though globalisation is currently under attack, as wars, sanctions and pandemics threaten global business...
Article / 2 years ago
Policyholder cannot collect $22M claim from reinsurers, brokers - Business Insurance
A policyholder cannot sidestep its insurer by collecting a $22 million claim from 10 reinsurers and insurance brokers, a federal appeals court said Friday...
A policyholder cannot sidestep its insurer by collecting a $22 million claim from 10 reinsurers and insurance brokers, a federal appeals court said Friday...
businessinsurance.com /
Article / 2 years ago
Aon Report Highlights How Organizations Can Navigate, Manage Risk in Dynamic and Challenging Cyber Insurance Marketplace
As further challenges are expected in the E&O and cyber marketplace in 2022, it is crucial that organizations take steps to understand claim trends, their impact on insurers...
As further challenges are expected in the E&O and cyber marketplace in 2022, it is crucial that organizations take steps to understand claim trends, their impact on insurers...
Article / 2 years ago
Captive reviews help overcome creeping claims problems
Businesses should periodically review their captives to ensure they keep pace with changing exposures and claims trends...
Businesses should periodically review their captives to ensure they keep pace with changing exposures and claims trends...
Article / 2 years ago
Insurer in Full: Merck victorious against Chubb, Lloyd’s and others in $1bn+ NotPetya coverage dispute
The long-running cyber loss dispute between Merck and its property insurers led by Chubb has been decided in favour of the pharmaceutical heavyweight at the first instance...
The long-running cyber loss dispute between Merck and its property insurers led by Chubb has been decided in favour of the pharmaceutical heavyweight at the first instance...
Article / 2 years ago
James River secures $345mn LPT with Uber captive to protect against further commercial auto losses
James River Group has agreed a loss portfolio transfer reinsurance transaction with Uber's captive Aleka Insurance...
James River Group has agreed a loss portfolio transfer reinsurance transaction with Uber's captive Aleka Insurance...
Article / 3 years ago
