We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
Canada
As we entered a “post-pandemic” environment, we continued to grapple with the impact of the global pandemic on economic and social sectors...
As we entered a “post-pandemic” environment, we continued to grapple with the impact of the global pandemic on economic and social sectors...
Article / 3 months ago
Lloyd’s of London offers to insure NHS for unexpected costs such as pandemic - The Guardian
Head of insurance market floats idea of giving government bespoke flood and drought cover...
Head of insurance market floats idea of giving government bespoke flood and drought cover...
theguardian.com /
Article / 1 year ago
Lloyd's of London boss warns UK's financial reputation is dented - BBC
The UK must prove its stability after a year of political and market turbulence, says the Lloyd's of London boss...
The UK must prove its stability after a year of political and market turbulence, says the Lloyd's of London boss...
bbc.co.uk /
Article / 1 year ago
Asia Pacific
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Asia Pacific.
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Asia Pacific.
Article / 1 year ago
BI wording fallout: industry's risk governance lapses stoke APRA concerns - insuranceNEWS.com.au
The Australian Prudential Regulation Authority (APRA) has voiced concerns over the industry’s risk governance...
The Australian Prudential Regulation Authority (APRA) has voiced concerns over the industry’s risk governance...
insurancenews.com.au /
Article / 1 year ago
China: Competitive market opening up
The Chinese property/casualty market is highly competitive and pricing remains flat in most lines, apart from the inevitable cyber and D&O...
The Chinese property/casualty market is highly competitive and pricing remains flat in most lines, apart from the inevitable cyber and D&O...
Article / 1 year ago
FCA raises concerns over business interruption claims handling
The Financial Conduct Authority (FCA) has raised concerns over how insurance firms have handled business interruption claims, noting several areas for...
The Financial Conduct Authority (FCA) has raised concerns over how insurance firms have handled business interruption claims, noting several areas for...
Article / 2 years ago
HK Insurance Authority continues pandemic distribution arrangement
Hong Kong’s Insurance Authority (IA) has further extended its temporary facilitative measures until April 30, 2023, allowing the continued non-face-to-face...
Hong Kong’s Insurance Authority (IA) has further extended its temporary facilitative measures until April 30, 2023, allowing the continued non-face-to-face...
Article / 2 years ago
Australia: COVID-related BI cases lead general insurers to self-assess risk management frameworks
The Australian Prudential Regulation Authority (APRA) has sought to ensure that the insurers learn the lessons from Business Interruption (BI) insurance...
The Australian Prudential Regulation Authority (APRA) has sought to ensure that the insurers learn the lessons from Business Interruption (BI) insurance...
Article / 2 years ago
FCA Test Case Information
We have reviewed the clauses contained within policies that include non-damage business interruption cover in light of the High Court’s decision in Corbin & King v Axa in February 2022...
We have reviewed the clauses contained within policies that include non-damage business interruption cover in light of the High Court’s decision in Corbin & King v Axa in February 2022...
Article / 2 years ago