ESG – Page 18
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NewsBeazley targets cyber book growth in 2022 following increased customer demand
Chief executive also celebrates insurer’s ‘largest profits in history’ following Covid-dented 2020
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NewsAviva strengthens net zero commitments with renewable energy insurance portfolio growth
The insurer aims to be a top three renewable energy insurer in the London market
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IT InterviewZurich plans to ‘work hard to keep ahead of competitors’ following five star report success
The insurer’s head of personal lines emphasises that Zurich has an ‘appetite to grow’ in 2022, alongside demonstrating a focus on claims and sustainability
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NewsCampaigners call out insurers investing $7.9bn in North Sea oil and gas companies
Removing support for oil and gas production ‘needs to accelerate beyond the current baby steps’, says climate campaigner
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AnalysisBriefing: Is a four-day working week the ‘pinnacle of work-life balance’ for insurance sector?
Does the insurance industry have an appetite to try a four-day working week, or will this simply exacerbate some of the difficulties already experienced as a result of homeworking?
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NewsLaka raises $12m to build e-mobility insurtech in Europe
The insurtech plans to expand its product offering and double its remote-first workforce
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AnalysisUK’s changing climate will drive industry focus on innovation and risk management
Brokers that can help businesses with “training, monitoring and being ready” ahead of potential flood damage can ensure their commercial clients have a “massive differentiator”
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NewsBrokers must be at the forefront of the fight against climate change – LIIBA
‘Fundamental change in culture at the FCA’ will also be vital to improve the competitiveness of the UK insurance market, says chief executive
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NewsCyber outranks Covid-19 and supply chain risk as biggest concern for global businesses – Allianz
However, business interruption remains a ‘key theme’
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NewsCyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader
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News84% of leaders concerned about world outlook – World Economic Forum
WEF president urges ’that global challenges need global solutions’, especially as ’our planet is on fire and we have to deal with it’
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IT InterviewPeter Giger: Tackling the climate change crisis calls for another industrial revolution
Zurich’s group chief risk officer argues that the ‘status quo cannot last’ to combat the climate change crisis successfully
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AnalysisInsurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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AnalysisBriefing: Five big issues facing insurance firms in 2022
It’s not just the FCA’s pricing and product reform that will be on the mind of the industry in 2022
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NewsClimate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks
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NewsCII’s Society of Insurance Broking to focus on attracting fresh talent to sector in 2022
A dominant theme for brokers will be ensuring that clients’ cover and sums insured are regularly reviewed, says SIB chair
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NewsEcclesiastical issues new broker guidance for education sector risks
Ecclesiastical’s customer segment director says ’brokers play an important role’ in helping education clients understand risk
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NewsWestern European flooding last July deemed ‘most significant loss event in 2021’ – Cresta
International natural catastrophe events outside of the US that generated over $1bn in insurance losses created an accumulated $21.6bn loss in 2021
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NewsBusiness leaders unaware of climate change risk ‘is a problem’ – Aviva’s Winslow
UKGI boss emphasises that ‘climate change is no longer a distant threat’ and that it must be given ‘the attention it needs’
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NewsFlood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
