Risk Management – Page 66
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NewsSupply chains ‘need better protection’ – Swiss Re
Reinsurance group chief economist adds that recovery from the Covid-19 pandemic is a ‘marathon’
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NewsLV=GI and think tank make policy proposals to end property development on high risk floodplains
The insurer’s claims director says the firm’s latest research highlights a ’concerning amount of current and future development in high flood risk areas’
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NewsLaw firm warns of e-scooter recalls and liability claims following London tube fire
The government’s Office for Products and Safety Standards (OPSS) recall report in January 2021 listed an e-scooter as the first recalled product for battery fire risk
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NewsZurich makes minor move away from underwriting oil and gas
Campaigners demand that Zurich takes ‘more meaningful’ action, but acknowledges progress regardless
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NewsInsurance industry is ‘an important partner’ for Asia’s economies – Singapore finance minister
Singapore has a good base of investment arms
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NewsBrexit continues to be a major concern for businesses – Aviva
Supply chain vulnerabilities were also cited as a risk by the insurer
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NewsInsurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
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NewsMajority of insurers believe climate risk will impact investment portfolio – BlackRock
Environmental risk is now considered a serious threat for insurers
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NewsInsurtech to help brokers and insurers navigate flood risk amid partnership extension
The insurtech aims to make best in class data sets easily available
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FeaturesInsurtech scale up aims to crack commercial lines
The insurtech is scaling up following the launch of its no code solution last month
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NewsChallenging cyber insurance market in 2022 will force major insurer withdrawal - report
‘Bottom line, insurers have been collecting small premiums while facing near infinite risks’, says senior analyst
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News AnalysisInsurer relief as court judgement ends massive claims threat
Consumers will now have to show that they have personally suffered damage or distress
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NewsInsurance Task Force launches framework to improve disaster resilience
Lloyd’s chair says ‘the global insurance industry has a crucial role to play in addressing the needs of developing countries’
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AnalysisParametric products will have role to play in closing protection gaps
Broker and insurer collaboration will be vital to create parametric ‘products that will meet the challenges of new risks and rising demand’
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NewsFilm and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
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NewsFlood Re chief exec urges focus on ‘Build Back Better scheme’ as ‘resilience is not being prioritised’
Homes need to be built ‘in the right place and in the right way’ to help make them ‘more resilient to rising temperatures and an increased risk of flooding’
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NewsShift in claim trends creates demand for new talent in property insurance
Utilising educational institution career fairs and in-house development are key ways to attract new, younger talent to the sector
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NewsGuidewire reveals analytics app suite to help insurers make better decisions
The suite of apps will help insurers make better decisions and address new and evolving market risks
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NewsAxa extends oil and gas exclusions in fight against climate change
The transformation needed to become a low carbon economy ‘can only happen by enabling companies from the energy sector to implement ambitious transition plans’, says insurer chief executive
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AnalysisIn Focus: How will the increasing price yet declining availability of car parts affect the claims process?
Industry experts discuss how car part avaliability issues are affecting the claims process
