Reinsurance buyers faced a near-perfect storm in June and July, as capacity constraints collided with
ri...
Trust and credibility critical to avoiding insurance innovation “organ rejection”
The perspective of the outsider is a key factor in driving impactful innovation in the insurance sector, but there must also be a level of trust and market credibility to avoid disruptive technology “organ rejection”...
The perspective of the outsider is a key factor in driving impactful innovation in the insurance sector, but there must also be a level of trust and market credibility to avoid disruptive technology “organ rejection”...
PR / 20 hours ago
State-Controlled RNRC Says It Now Covers Nearly All Russian Reinsurance
State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as foreign...
State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as foreign...
Article / 20 hours ago
The Lloyd's Lab... are you missing out?
We British can be too modest when it comes to celebrating success. Usually when organisations claim to be the best, fastest, leading or AI-enabled I tune out. But sometimes we don’t make enough noise...
We British can be too modest when it comes to celebrating success. Usually when organisations claim to be the best, fastest, leading or AI-enabled I tune out. But sometimes we don’t make enough noise...
Article / 1 day ago
Awareness of insurance and its value has never been higher, says Lloyd’s CEO John Neal
With recent events such as the global pandemic and the war in Ukraine having contributed to “the most uncertain landscape seen for generations”, “awareness of insurance and the value it can add has never been higher”
With recent events such as the global pandemic and the war in Ukraine having contributed to “the most uncertain landscape seen for generations”, “awareness of insurance and the value it can add has never been higher”
Article / 1 day ago
Insurance Meltdown Leaves Homeowners Without Policies and at Risk - Bloomberg
Thousands of residents of Louisiana and Florida have lost coverage as the eastern US braces for a busy Atlantic hurricane season.
Thousands of residents of Louisiana and Florida have lost coverage as the eastern US braces for a busy Atlantic hurricane season.
bloomberg.com /
Article / 1 day ago
Economic factors sustain reinsurance hardening trend at 1.7: Gallagher Re 1st View
During a 1 July reinsurance renewal shaped by the economic pressures on reinsurers and cedants, nearly all buyers were able to secure cover.
During a 1 July reinsurance renewal shaped by the economic pressures on reinsurers and cedants, nearly all buyers were able to secure cover.
PR / 1 day ago
Gallagher Re 1st View: Changing Environment 1 July 2022
Issued three times a year, this publication delivers the very first view on current market conditions within the reinsurance industry at the key renewal seasons: 1 January, 1 April and 1 July.
Issued three times a year, this publication delivers the very first view on current market conditions within the reinsurance industry at the key renewal seasons: 1 January, 1 April and 1 July.
Report / 1 day ago
Shifting powers: physical cyber risk in a changing geopolitical landscape
Cybersecurity is at the top of the agenda for businesses, boards, risk managers and consumers...
Cybersecurity is at the top of the agenda for businesses, boards, risk managers and consumers...
Report / 2 days ago
Commercial combined ratio to increase slightly: S&P - Business Insurance
The overall property/casualty insurance industry’s combined ratio is heading for more than 100% for the first time since 2017 due to inflationary pressures, but the commercial lines
The overall property/casualty insurance industry’s combined ratio is heading for more than 100% for the first time since 2017 due to inflationary pressures, but the commercial lines
businessinsurance.com /
Article / 2 days ago
Cyber-attack gaps cited in comments on U.S. terrorism risk insurance program - Reuters
The rising prominence of cybersecurity threats since adoption of the U.S. Terrorism Risk Insurance Program has shined a light on gaps in how the program established after the 9/11 attacks applies to cybersecurity incidents, according to industry comments submitted to the...
The rising prominence of cybersecurity threats since adoption of the U.S. Terrorism Risk Insurance Program has shined a light on gaps in how the program established after the 9/11 attacks applies to cybersecurity incidents, according to industry comments submitted to the...
reuters.com /
Article / 2 days ago