Terrorism
Liberty Syndicates appoints another war and terrorism underwriter
Liberty Syndicates has hired former Amlin underwriter Paul Beattie as class underwriter for war and terrorism.
Hiscox attributes £1.2bn GWP to errors and omissions rate rises
Hiscox has reported gross written premium of £1244.4m for the nine months to 30 September 2012, a 6.4% increase on £1169.5m for the same period in 2011.
Storms and strikes among biggest concerns for insurers
Catastrophic acts of violence, mining strike contagion, unexpected 'perfect storms' and a nation paralysed by cyber terrorism are among the biggest risks facing the insurance industry, according to Willis Group.
Liberty Syndicates adds to specialty products team
Liberty Syndicates has appointed Susan Barber to manage and build on its personal accident and pecuniary lines treaty portfolios in the Lloyd's market, part of its specialty products underwriting division.
Cooper Gay offers free RM and BC service to terrorism clients
Intermediary Cooper Gay & Co is offering a free crisis management and business continuity consultation to its terrorism and political risks policyholders.
Cooper Gay extends political risk offering
Cooper Gay is offering a crisis management and business continuity consultation to terrorism and political risks policyholders after joining forces with specialist consultancy Security Exchange.
Ace goes live with property insurance cover to fill terrorism gap
Ace has launched a property insurance proposition designed to cover the gaps between traditional property, terrorism and political violence insurance policies.
Ace launches property offering to fill terrorism gap
Ace Group has launched a property insurance proposition designed to cover the gaps between traditional property, terrorism and political violence insurance policies.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Olympics: Claims from the games
Terrorism, adverse weather and the outbreak of disease could all cause the cancellation of the Olympics. But could the industry cope if the Games were canned?
Half of CEOs responsible for risk management as terrorism tops concerns
The chief executive or chief operating officer has formal responsibility for risk management at 50% of European companies, according to a new survey which found that companies feel underprepared for terrorism and political violence risks.
European companies underprepared for emerging risk
The majority of European companies feel underprepared for emerging risks including terrorism and political violence.
Olympics Countdown: Clear and present danger
With the Olympic Games only seven days away officials cannot afford to be complacent about the threat of terrorism, Gordon Woo says.
Market moves: New faces in the insurer space
The main movers and shakers this week were insurers, with a number of firms bringing in new faces, including HDI Gerling recruiting a new director, Axa Assistance naming a new deputy chief executive and Dual adding a manager for its new office in Austria.
Ace research exposes lack of terrorism cover among UK corporates
More than a third of UK corporates do not have specific insurance cover in place for terrorism and political violence risk, according to a survey undertaken by Ace.
Political risks: Economic unrest triggers interest and questions over cover
The UK, France, Germany, Italy, Portugal and Spain have all been re-rated 'medium risk' from 'low risk' by Aon Risk Solutions, as part of a downgrade of 37 countries in the firm's annual Terrorism & Political Violence map.
Olympics cancellation could cost $5bn, says Munich Re
Munich Re has warned that cancelling the London 2012 Olympics in the event of a terrorist strike or natural disaster would cost the insurance industry as much as $5bn (£3bn), according to The Telegraph.
Post magazine - 31 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Terrorism and civil unrest: Risky business
With several parts of the world engulfed by violence and civil unrest, is traditional terrorism and political risk cover increasingly irrelevant?
Anglo-Arab launches war and terrorism travel cover
Anglo-Arab Insurance Brokers launched the first online global travel plan to include war and terrorism cover as standard at the Arab Travel Markets Conference in Dubai on 30 April.
Terrorism and political violence poll result
Risk downgrades were applied last week to the UK, France, Germany, Italy, Portugal and Spain.
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
Terrorism - All peaceful in the eurozone?
With economically motivated protests bringing violence to Europe's door, Andrew Stuart advises risk managers on how to find the terrorism and violence policy that offers the greatest protection against civil disturbance.