Latest News – Page 197
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NewsMarine insurance sector’s role in Ukrainian grain shipments has ‘saved lives’
Vital shipments of grain to support the global food market have been backed by the insurance sector, but a treaty is now under threat
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NewsNew MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
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NewsGallagher acquires broker to address education sector's ‘evolving risk landscape’
The acquired team specialises in providing cover to the likes of colleges and schools
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NewsFlood Re completes East Peckham pilot to score properties’ flood resilience
The reinsurance scheme hopes its new flood resilience scoring could help underpin future insurer pricing
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NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
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NewsOngoing inflation is like motor insurance industry ‘kryptonite’
Solera’s vice president for industry relations tells Insurance Times why increasing inflation could be like kryptonite
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NewsBrokerFest 2023 in pictures
Missed out on some of the sessions at BrokerFest 2023 on 23 February 2023? Check out Insurance Times’ photos of the event
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NewsZurich UK launches resilience service amid growing threat of extreme weather events
‘We have invested in new technology and expertise to help customers assess the physical consequences,’ the head of Zurich’s Resilience Solutions said
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NewsLloyd’s makes senior management changes to drive transformation progress
The changes will see Burkhard Keese revert to the position of chief financial officer
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NewsOutlook for 2023 positive despite ‘turbulent insurance cycle’ – Admiral
The insurer remains disciplined in its approach and competitive says its chief exec
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NewsSRG’s latest commercial broker buy develops ‘critical’ business
The group’s deputy chief executive hopes the deal will add ‘tremendous value’ to its mid-market capability
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NewsUK’s most populated cities could see spike in risk of major flooding events
Flood Re says the findings ’support all the existing research on the impact of flooding in the UK’
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NewsJMG Group secures acquisition of motor trade broker
The group’s chief executive believes the move will ‘open up further opportunities’
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NewsPricing ’ping pong’ could force those in poverty to sacrifice insurance – SMF
The research claims those on the lowest incomes ‘continue to pay more for being poor’
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NewsInsurtech sector breathes sigh of relief following SVB UK HSBC rescue deal
The government is ‘working urgently’ to limit the potential fallout, says UK prime minister
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NewsWeather events batter Direct Line’s 2022 operating profit
Acting chief executive Jon Greenwood said 2022 was a ‘tough year’
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NewsDirectors and insurers warned ESG litigation set to snowball
‘ESG is a business imperative for every company,’ warned partner
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NewsLloyd’s chief of markets adamant that ‘strong’ market conditions present ‘a lot of opportunities’
The marketplace says it expects current conditions to put ‘upward pressure on profitability, not GWP’
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NewsZurich scheme aims to kickstart insurance interest
The insurer will broaden the size of its scheme to support and attract young people into the industry, it says
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NewsBackchat March 2023
Insurance Times shares the best industry anecdotes from the last month, delving into the world of obscure high net worth art. What has the insurance industry been up to of late? You heard it here first…
