All Commercial Insurance articles – Page 2
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Analysis
D&O market is ‘brutal’, say brokers
The D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of the hard insurance market, said panellists at Insurance2025
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Analysis
Brexit: Over 440 financial firms have relocated
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU
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Analysis
GVNW urges action on pandemic risk solution
German insurance buyers’ association calls for immediate discussion at an EU and national level
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Analysis
IoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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Analysis
GVNW renewal survey shows “loss of trust”
Two thirds of German insurance buyers are actively seeking alternative risk transfer solutions, such as captive insurance and parametric covers
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Analysis
Google offers cloud cyber risk protection
Google Cloud partners with Munich Re and Allianz Global Corporate & Specialty to provide cloud specific cyber insurance
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Analysis
ABI: Insurers took reputational hit on COVID
Speaking at the association’s virtual conference, director general Huw Evans said the industry had to ”learn the lessons” from the FCA test case
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Analysis
Nat cat loss tally rises in October
Economic losses from devastating floods in southeastern France and northwestern Italy in October are expected to reach €2.7 billion
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Analysis
Hard market: “Start renewals early”
Risk managers should start their renewal process early and manage their expectations as the hard market plays out, advises FM Global
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Analysis
Silent cyber: Can you hear it?
With events such as WannaCry classified as a cyber catastrophe event, silent cyber issues have developed into coverage disputes
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Analysis
Airmic welcomes insurer’s decision to drop appeal
“Market turns are cyclical, and underwriters should keep squarely in mind their relationships with their insurance buyers for the future”, says Julia Graham
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Analysis
Wide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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Analysis
COVID-19 a “wake-up call”
Pandemic highlights the ”staggering potential” for uninsurable systemic risks, according to re/insurer Munich Re
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Expert Views
How a challenging environment is impacting insurance
There are four main factors that risk managers, insurance managers and brokers must consider carefully when it comes to the impact that the current crisis will have.
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Expert Views
Future of insurance: Rise of parametric covers
As businesses look to protect intangible assets from interruption events such as natural catastrophes, parametric insurance products are emerging as an ideal solution to fill gaps in cover.
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Expert Views
Future of insurance: Non-damage business interruption
With intangible assets making up an increasing proportion of an organisation’s value and wider and more vulnerable supply chains than ever before, businesses are open to interruptions in new and more complex ways.
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Expert Views
Future of insurance: Protecting against secondary perils
Whilst there is not enough evidence to conclude that warming climates alone are responsible for the rising uninsured losses from secondary peril events, climate change is certainly a contributing factor.
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Expert Views
Future of insurance: Transfer, retain or finance?
Today, shifting market dynamics and the COVID-19 pandemic accelerates pressure on an already hardening market. Now might be the time to reconsider your risk financing options, explains Thomas Keist
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Analysis
Long-term governance failures caused Beirut blast
Governmental shortcomings were to blame for the explosion in Lebanon, according to risk experts, who say lessons can be learned from the incident
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Analysis
COVID-19: Construction insurance rates harden
In Europe, rate increases from previous months have been aggravated due to the consequences of COVID-19
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