Axa prepares for ‘potential claims’ from Ukraine and Russia war through exposed lines
Some of the insurer’s crisis management policies, for example, have been ‘triggered because of the war in Ukraine’, says group chief financial officer
Axa’s UK and Ireland P&C revenue grows by 3% in H1 2022
The insurer’s group deputy chief executive additionally outlines two ‘headwinds’ impacting Axa’s group-wide P&C COR of 93.7%
Hiscox results reflect mixed bag for H1 2022
The insurer’s underwriting result improved by 23.4%, despite conflict and nat-cat driven losses
Beazley posts 2022 half-year COR of 87%
The insurer is actively managing ’inflation and recession’, says chief executive
Insurers must be alert to the threat of physical damage from cyber attacks
Recent cyber attacks on a number of Iranian steel plants evidence the dangers these events can pose to physical infrastructure - this should serve as a warning to insurers
Insurers must deploy capital ‘confidently’ to solve cyber cover supply and demand imbalance
Demand for cyber insurance has increased - but so has the price
Aviation market braces for ‘potentially huge losses’ as Russian aircraft seizures bite
The aviation insurance market ’is burying its head in the sand’ when it comes to tackling the fallout from the Russia-Ukraine conflict
Sarah Murrow: ‘Diversity is good for business’ and provides opportunities ‘to thrive’
UK and Ireland boss pinpoints where the insurer sees ’ample opportunity for growth’, despite predicting an increase in business insolvencies
Preventative measures key in facing Russia-Ukraine cyber threats – BrokerFest2022
An expert panel at BrokerFest2022 last week discussed why prevention is key in uncertain times
Cyber cover could become unaffordable for UK SMEs as threats and cost of living soars – GlobalData
The Russia-Ukraine war has heightened cyber risks to all businesses, with ever evolving risk in cyber the data and analytics firm stress that innovation is vital to remain abreast
Backchat June 2022
An alternative leg day away from the gym, an insurance professional cooks up a storm and one insurer celebrates its 100th birthday. What has the insurance sector been up to lately? You heard it here first…
Global events have ‘significantly altered’ business resilience since beginning of year
Business strategies are now at a ‘point of inflection’, says head of political risks