Risk Management – Page 67
-
NewsHome and motor insurance most likely candidates for coverage cutbacks amid cost of living crisis – NerdWallet
Almost half of all respondents cited the cost of living crisis as the main reason for cut backs and 66% said they had seen insurance premium costs increases over the past year
-
News AnalysisIn Focus: Commercial lines brokers have ‘key role’ to play in supporting struggling hospitality clients through turbulent times
Pubs and restaurants are in a ’precarious position’ and face ’significant headwinds’ from a range of economic factors that brokers must try to mitigate as much as possible
-
News AnalysisInsurers spooked as Halloween’s ‘mischief night’ approaches
With Halloween fast approaching, many insurers will be on their guard as the night is one the biggest for car theft, vandalism, fires and burglaries – but the need for cover doesn’t end there for some haunted customers
-
NewsSMEs face significant levels of uninsured risk amid ‘tumultuous’ times – Aviva
Brokers are therefore vital for providing advice to protect businesses through economic headwinds
-
AnalysisThe Big Question October 2022: What is the current state of play in the construction professional indemnity market?
Insurance Times asks industry leaders about the current construction PI market as headwinds hit the sector following the likes of the Grenfell Tower tragedy
-
NewsUnderinsurance is a bigger risk to HNW clients than theft or burglary – Ecclesiastical
Almost three quarters of brokers believe there is a problem with HNW customers being underinsured
-
NewsGovernment-backed PI scheme for EWS1 assessors launched
The new professional indemnity scheme will fix the issue of a stalled mortgage market for mid and high-rise buildings, says chief executive
-
NewsEmployee mental health and financial uncertainty top concerns for UK SMEs in 2022 – Marsh
Inflation hitting a 40-year high will have a ‘profound impact’ on how these firms operate now and in the future, says corporate and commercial chief executive
-
News AnalysisEmployee ownership could boost ‘motivation and common purpose’ in insurance sector firms
While employee owned businesses can boost productivity, they are particularly susceptible to the harsh realities of the business world
-
News‘Temporary’ government energy bill support does not avert risk of insolvency for UK businesses
Commercial insurance clients may now have to make operational decisions to survive tough economic times, say insurers
-
AnalysisBriefing: Reinsurance sector still facing BI ‘big issue’ despite clarity for direct market
A lack of visibility around aggregation arbitration is preventing the reinsurance sector from dealing with Covid-related BI claims
-
AnalysisBriefing: Insurers under pressure to harden rates as reinsurers talk tough
Feedback from the Rendez-Vous de Septembre conference is that reinsurers are cheerleading rising rates
-
NewsReinsurers risk misunderstanding secondary perils due to less mature modelling
Professional services firm partner predicts a ‘pretty expensive year’ for the reinsurance sector as secondary perils drive up losses
-
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.
-
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
-
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’
-
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
-
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
-
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
-
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
