Risk Management – Page 62
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IT InterviewDomenico del Re: Insurance industry must support roll out of green technology
The insurance industry must lead on green tech cover to support UK’s transition to net zero, says PWC partner.
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News(Re)insurance sector can no longer ‘waste time’ when it comes to tackling systemic risks – PWC
The (re)insurance sector must explore avenues for tackling systemic risks, says PWC partner
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NewsGeneral insurance firms’ creditworthiness will be hardest hit by inflation – Fitch
The firm’s latest report further highlights that several European markets in addition to non-life could move to a status of ‘deteriorating’
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AnalysisBriefing: Insurers should prepare for risk of another Eurozone crisis
Contributor Saxon East examines whether the eurozone may be about to enter another period of economic chaos
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NewsLondon market has ‘real opportunity’ to be ‘an innovator’ for climate change transition risks
Brokers, insurers, regulators and markets all have a role to play in supporting the transition to net zero carbon emissions
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NewsAsta and Bermuda-based holding company win ‘in principle’ approval for new Lloyd’s syndicate
The new syndicate will underwrite run-off transactions within the market
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NewsChanged government should not impact counter fraud elements of Online Safety Bill – Ofcom
The new prime minister has confirmed that her government would proceed with the passage of the bill
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NewsPerils introduces new market coverage for European floods
The business’ capture threshold in its loss reporting service has also been increased
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AnalysisDavid Howden: Rise of the underdog
The insurance industry must be a ‘force for good’ rather than ‘the naysayers we are sometimes seen as’, says broker boss
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NewsUK businesses remain ‘in the dark’ about energy costs despite new government plans
Businesses will require additional support before they are ‘forced to close their doors’, says risk expert
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NewsLloyd’s of London reports COR of 91.4% for H1 2022
The market also achieved an underwriting profit of £1.2bn for the period
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NewsMoody’s teams up with specialty reinsurer on new ESG underwriting solution
The proposition was designed with the aim of supporting P&C insurers with ESG management
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IT InterviewJoshua Motta: The MGA hitting the UK with ‘reinvented’ cyber security insurance
It is now harder than ever to purchase cyber insurance in the UK, with capacity being pulled back, increasing exclusions and price increases – but Coalition aims to overhaul the market at a time when SMEs need it most
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AnalysisBriefing: Brokers fear professional indemnity market crunch will only worsen
Despite the industry’s attempts to mitigate construction PI risks, capacity is still being squeezed in this line of business
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NewsHowden launches new carbon credit invalidation insurance solution
Addressing challenges in the voluntary carbon market is ‘critical’ to future growth if the UK is to meet net zero ambitions
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NewsSchools want more crime and risk guidance from brokers – Ecclesiastical
The results of the insurer’s survey highlight an opportunity for brokers to engage with education clients
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AnalysisClaims inflation drives ‘a major deterioration’ in UK motor market
With price increases unable to keep pace with inflation, motor insurers must look to claims prevention and repair network support if they wish to remain in the black
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Sponsored ContentSoft market in current climate would be chaos – Manchester Underwriting Management
Richard Webb, director at Manchester Underwriting Management, explains why he thinks a soft market would be ‘catastrophic’ amid claims inflation, global wars and UK leadership changes
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AnalysisOpinion: Inflation and cost of living tightrope testing insurers’ balance
Editor Katie Scott discusses how inflation has impacted insurers’ 2022 half-year results
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NewsLabour shortages and inflation bite for UK businesses – Bank of England
Economic struggle places the insurance market ‘in danger of sleep walking into a tsunami of fraud claims’, says group director of investigations
