All News articles – Page 106
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Insurers must act quickly to compensate customers and rebuild trust says Insurtech UK
Insurers will need to rebuild trust with customers following the Supreme Court ruling, but the pandemic has also highlighted the need for digitalisation
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Airmic hails historic Supreme Court ruling
The Supreme Court ruling opens the door for up to £1.2 billion of business interruption claims
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UK regulators approve Lloyd’s multi Insurance Special Purpose Vehicle for new capital
The approval is a key milestone for the Future at Lloyd’s strategy, which aims to create an insurance market that attracts new forms of capital.
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Supreme Court dismisses insurers’ appeals in BI test case ruling
Around 370,000 policyholders are set to benefit from the judgment
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Allianz announces medium-term green targets for some investments
It is the first time that Allianz, which is also one of the world’s largest investors, has announced interim targets.
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Marine insurers primed to raise rates after Red Sea attacks
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.
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RenaissanceRe announces estimated net negative impact on Q4 2020
For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders.
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Control Risks: “Don’t miss the rebound”
Long COVID, patchy vaccine rollouts, emerging digital threats, climate change and the US China relationship are Top 5 risks for 2021
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Specialist Risk Group buys construction sector MGA
Chief executive Downey says ‘developing a market leading MGA capability is a central element of our strategy’ for 2021
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Howden to cement strategic partnership with Steadfast & with Australian retail broking launch
Howden in Australia will join Steadfast’s network - Australia’s largest general insurance platform - to leverage its scale, strength and access.
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Reuters: Zurich Insurance stresses compliance, declines comment on Nord Stream 2
Zurich Insurance Group emphasised its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project.
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Service to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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AXA XL appoints Central US Zonal Marine Product Leader
AXA XL’s US marine team announced the addition of Brett Musser as the Central US Zonal Marine Product Leader
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Allianz begins eight-year worldwide Olympic & Paralympic partnership
Allianz has officially begun its eight-year worldwide partnership with the Olympic & Paralympic Movements, building on a collaboration with the Paralympic Movement since 2006.
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Briefing: Bitcoin … rat poison squared or exciting for insurance?
Bitcoin has enjoyed huge returns, making many rich. But can insurance help in this daring new world of cyrptocurrencies
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Gallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M&A activity of the year
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New Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
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Trust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020