Insurers in the emirate typically buy low-attaching reinsurance....
California to expand use of catastrophe models to wildfire, terrorism, flood: Lara
As part of its goal to ward off a developing insurance crisis in California that has seen major companies pull-back on underwriting property insurance...
As part of its goal to ward off a developing insurance crisis in California that has seen major companies pull-back on underwriting property insurance...
Article / 1 month ago
France
We mentioned in last year's review the issue of coverage of operating losses when there is no physical damage, in the context of the Covid-19 pandemic...
We mentioned in last year's review the issue of coverage of operating losses when there is no physical damage, in the context of the Covid-19 pandemic...
Article / 3 months ago
Green shoots in PVT market as carriers battle with Ukraine losses
The political violence and terrorism (PVT) market remains tough for buyers following the war in Ukraine, but it is not all gloom and doom with some signs of innovation, BPL Global’s Zoe Towndrow told…
The political violence and terrorism (PVT) market remains tough for buyers following the war in Ukraine, but it is not all gloom and doom with some signs of innovation, BPL Global’s Zoe Towndrow told…
Article / 12 months ago
Building resilience in South Africa's political violence insurance market
The riots in South Africa in July 2021 resulted in significant property damage that took a heavy toll on Sasria, the state-backed political violence insurer, and...
The riots in South Africa in July 2021 resulted in significant property damage that took a heavy toll on Sasria, the state-backed political violence insurer, and...
Article / 1 year ago
PV market 'in disarray' amid rate rises of up to 400%
The political violence (PV) market is in a state of “disarray” according to market sources, with rate increases in the New Year renewal period varying from 10% up to 400%, and carriers left taking...
The political violence (PV) market is in a state of “disarray” according to market sources, with rate increases in the New Year renewal period varying from 10% up to 400%, and carriers left taking...
Article / 1 year 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
International markets and Lloyd’s on alert as Sri Lanka riots trigger NITF XoL cover
Losses from recent civil unrest in Sri Lanka are likely to trigger the excess of loss treaty held by the state-owned National Insurance Trust Fund (NITF)...
Losses from recent civil unrest in Sri Lanka are likely to trigger the excess of loss treaty held by the state-owned National Insurance Trust Fund (NITF)...
Article / 2 years ago
Losses from Sri Lanka’s Riots Manageable for Insurers
Sri Lanka’s state-owned National Insurance Trust Fund Board’s (NITF, A+(lka)/Rating Watch Negative) Strike, Riot, Civil Commotion and Terrorism (SRCCT) fund will bear the brunt...
Sri Lanka’s state-owned National Insurance Trust Fund Board’s (NITF, A+(lka)/Rating Watch Negative) Strike, Riot, Civil Commotion and Terrorism (SRCCT) fund will bear the brunt...
Article / 2 years ago
Marsh rejects LMA cyberwar exclusions
War exclusions risk “killing” the cyber insurance market even though the war in Ukraine has yet to generate claims for cyber insurers, according to Jean Bayon de La Tour...
War exclusions risk “killing” the cyber insurance market even though the war in Ukraine has yet to generate claims for cyber insurers, according to Jean Bayon de La Tour...
Article / 2 years ago
Ukraine losses to turn tide on years of sluggish PV rate momentum
Russia’s invasion of Ukraine is set to be a market-changing event for the political violence (PV) and terrorism space, with rate uplift across the class expected to turn the tide on years of sluggish rate movement.
Russia’s invasion of Ukraine is set to be a market-changing event for the political violence (PV) and terrorism space, with rate uplift across the class expected to turn the tide on years of sluggish rate movement.
Article / 2 years ago
