In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
European market to stabilise further
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Article / 2 months ago
Chinese Hacking Campaign Aimed at Critical Infrastructure Goes Back 5 Years
An advanced group of Chinese hackers taking aim at U.S. critical infrastructure have been active for as long as half a decade, American and allied intelligence agencies...
An advanced group of Chinese hackers taking aim at U.S. critical infrastructure have been active for as long as half a decade, American and allied intelligence agencies...
Article / 2 months ago
The Canadian Financial Lines Insurance Market: Market Conditions & Risk Factors that Brokers and Policyholders Should Know
Per Beazley’s ‘Canada Snapshot Report: Risk & Resilience in a Time of Change’, launched in late 2023, 35% of Canadian business leaders identified a high-risk environment...
Per Beazley’s ‘Canada Snapshot Report: Risk & Resilience in a Time of Change’, launched in late 2023, 35% of Canadian business leaders identified a high-risk environment...
Article / 3 months ago
Merck settles $1.4 billion cyberattack case against insurers
Critical Merck NotPetya cyber insurance ruling would have set national precedent...
Critical Merck NotPetya cyber insurance ruling would have set national precedent...
Article / 3 months ago
2024 Risk & Resilience predictions
Winds of Change: Time for Specialty Insurers to Step Up
Winds of Change: Time for Specialty Insurers to Step Up
Article / 4 months ago
Insurers will likely revisit ‘nation state' cyber exclusions after court ruling
The court held that insurers could not rely on the war exclusion in a property policy to avoid covering $1.4 billion in damages Merck suffered in a NotPetya...
The court held that insurers could not rely on the war exclusion in a property policy to avoid covering $1.4 billion in damages Merck suffered in a NotPetya...
Article / 5 months ago
Ian and Ukraine push MS Amlin to £305mn nine-month loss in 2022
MS Amlin reported a £305mn ($369mn) net loss for the first nine months of 2022, with Hurricane Ian and Ukraine losses, as well as investment losses, all...
MS Amlin reported a £305mn ($369mn) net loss for the first nine months of 2022, with Hurricane Ian and Ukraine losses, as well as investment losses, all...
Article / 1 year ago
Reinsurance renewals bring little comfort to insurance buyers
As the dust settles on the latest reinsurance renewal season, what does it all mean for multinationals and risk managers? GRM talked to two leading brokers...
As the dust settles on the latest reinsurance renewal season, what does it all mean for multinationals and risk managers? GRM talked to two leading brokers...
Article / 1 year ago
The State of the Property Market – what can you expect?
It’s a challenging time for the property market, and as we ease into 2023, we’re closely monitoring market conditions with an eye to what will unfold in the coming year.
It’s a challenging time for the property market, and as we ease into 2023, we’re closely monitoring market conditions with an eye to what will unfold in the coming year.
Article / 1 year ago
NotPetya Triggers War Exclusion, Insurers Tell NJ Panel - Law360
Property policies' war exclusions were designed to apply to any type of nation-state attack, including cyber events, insurers told a New Jersey appellate panel Wednesday in a battle over whether Merck has coverage for $1.4 billion in losses stemming from the 2017 NotPetya cyberattack.
Property policies' war exclusions were designed to apply to any type of nation-state attack, including cyber events, insurers told a New Jersey appellate panel Wednesday in a battle over whether Merck has coverage for $1.4 billion in losses stemming from the 2017 NotPetya cyberattack.
law360.com /
Article / 1 year ago
