Risk Management – Page 78
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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
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NewsFinancial services regulators flag 134 upcoming regulatory initiatives
Regulators acknowledge that although ‘the burden of the current regulatory pipeline’ is ‘significant’, it is also ‘appropriate’
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NewsChanging risk landscape leads to record-breaking loss of business income – Aon
The insurance broker’s latest survey reveals the top 10 global risks, according to risk managers
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NewsNearly a quarter of SMEs buy cyber cover due to remote working uptick
Around a fifth of small to medium-sized businesses bought cyber cover due to a broker’s recommendation, says analytics firm
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NewsGeo Specialty broadens UK political violence and terrorism BI cover
Cover will also include the increased cost of working while clients are unable to access their premises following an attack
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NewsGlobal commercial insurance prices up 15% in Q3 2021 - Marsh
Despite pricing levelling out in certain lines of business, the insurance industry needs to be ready as the ‘pressure on rates in cyber insurance’ continues, says broker president
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NewsIndustry alerted over fraud risk surrounding foreign registered vehicle claims
Motor claims for foreign registered vehicle claims have reduced due to Brexit and the Covid-19 pandemic, but fraud concerning these vehicles has continued
