Insurer News – Page 123
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Flood Re reveals ‘Build Back Better’ scheme
Initial particpating insurers include NFU mutual, Aviva, Ageas, Lloyds Banking Group and LV= General Insurance
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Lloyd’s of London targeted again by Extinction Rebellion
Protestors used superglue, chains and bike locks to block entrances while demanding the marketplace cease insuring coal, oil, gas, tar and sands
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RSA promotes internally for new chief risk officer
The new hire’s ‘extensive experience and knowledge’ makes him the ‘right person’ to develop the insurer’s risk function
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AIG looking to cut ties with Russia and Ukraine
The insurer is looking to minimise risk as the conflict continues
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Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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Aviva’s Amanda Blanc names flooding as biggest UK risk
Blanc believes that world leaders need to come together to agree what a ’good’ transition plan looks like
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Only 14% of SMEs have plans to reduce environmental impact – Aviva
Aviva UK and Ireland chief exec says ’more and more businesses will be impacted by climate change’
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Insurer pockets another £80m over IBM IT project blunder
IBM has said it is ’disappointed’ with the ruling and intends to seek appeal
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Insurtech ecosystem is ‘unusually advanced’
An expert panel at the Business of Resilience conference discussed how the insurtech sector could support the insurance industry through innovation
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Lloyd’s Lab reveals eighth cohort with climate change and decarbonisation focus
The accelerator scheme has also included wild card entrants in its latest cohort
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Revealed: Claims Excellence Awards finalists unveiled for 2022
In-person, claims-centric awards event is back this year with 20 prizes up for grabs
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Beazley updates underwriting divisions in support of ‘bold’ growth ambitions
The four underwriting divisions will be headed up by specialists, supporting the insurer to ’seize opportunities’
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UK set for record-breaking levels of rainfall – Swiss Re
Strengthening the UK’s resilience against flood risk will require attention from (re)insurers, says UK and Ireland chief executive
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Lloyd’s boss John Neal addresses Atrium scandal
Neal made clear that ‘zero tolerance is the only answer’ for bad behaviour
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Lloyd’s and Schroders team up for new investment platform
It is designed to help investors in the Lloyd’s market generate risk-adjusted returns on capital and access a broader range of investment opportunities
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Lloyd's of London assembles committee to discuss Russia-Ukraine ramifications
Lloyd’s has assembled a gold and silver team to help it deal with the ongoing conflict between Russia and Ukraine
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Getting serious about ESG
Insurers and brokers that undercut environmental, social and corporate governance standards will face ‘catastrophic’ consequences, according to industry roundtable
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Lloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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Lloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this