WTW parts ways with around 130 staff in CRB North America to support strategy shift
WTW Corporate Risk and Broking North America this week eliminated between 120 and 130 roles as part of a shift toward more client-facing activities and...
WTW Corporate Risk and Broking North America this week eliminated between 120 and 130 roles as part of a shift toward more client-facing activities and...
Article / 19 hours ago
What is the reinsurance industry doing to attract Gen Z talent?
Some firms are outsourcing their recruitment to tailor for a younger generation....
Some firms are outsourcing their recruitment to tailor for a younger generation....
Article / 2 days ago
Insurance firms should shun the East African Crude Oil Pipeline - Al Jazeera
The project is already devastating local communities and will contribute to climate change if completed...
The project is already devastating local communities and will contribute to climate change if completed...
aljazeera.com /
Article / 2 days ago
Marsh McLennan sees rate hikes slowing; reports revenue growth
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Article / 2 days ago
Nord Stream insurers say policies did not cover war risks, Kommersant reports - Reuters
Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported...
Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported...
reuters.com /
Article / 2 days ago
Iran-Israel violence raises concern over ‘escalation clause' on treaties
Swiss Re is among reinsurers to have the right to limit coverage if conflict widened....
Swiss Re is among reinsurers to have the right to limit coverage if conflict widened....
Article / 3 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 3 days ago
Insurance buyers warn of rising AI and cyber business impact - FTAdviser
Cyberattacks are the leading risk factor to have a ‘major impact’ over the next 12 months, insurance buyers have warned...
Cyberattacks are the leading risk factor to have a ‘major impact’ over the next 12 months, insurance buyers have warned...
ftadviser.com /
Article / 3 days ago
Insurer in Full: MSC Aries seizure adds to marine war headwinds as Iran-Israel tensions escalate
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
Article / 3 days ago
Small Businesses See Stable Business Climate; Cite Cybersecurity as Top Threat
The first quarter Small Business Index, which measures small business owner confidence, is 62.3—similar to last quarter's score of 61.3—reflecting a stable...
The first quarter Small Business Index, which measures small business owner confidence, is 62.3—similar to last quarter's score of 61.3—reflecting a stable...
Article / 4 days ago