The Covid-19 crisis is unprecedented in the modern era and it is at such times that we tend to take stock and think differently about the world. Alex Kirykowicz, manager at Frontier Economics, reflects on the role that insurance markets have played and…
Amber Rudd, former Home Secretary, will lead one of six working groups set up by the Pandemic Re steering group.
This week started out with more questions than answers as Prime Minister Boris Johnson announced his plans to 'actively encourage' those who hadn't been able to go to work through the lockdown back into the workplace albeit with some heavy caveats.
Pool Re boss Julian Enoizi spoke to Post senior reporter Emmanuel Kenning about Pandemic Re, the Office for National Statistics change in the terrorism reinsurer’s classification and using its funds to pay for business interruption claims in the…
Using Pool Re’s £6.6bn fund to pay coronavirus business interruption claims would not be the greatest idea, CEO Julian Enoizi told Post as part of an exclusive interview.
In this month's column, David Worsfold, a long-running commentator on the insurance market, explains why he fears the sector got off on the back foot on its business interruption coronavirus response, what Pandemic Re might look like and what impact the…
Leisure and hospitality broker NDML and the The Night Time Industries Association have penned an open letter to Chancellor Rishi Sunak MP calling for the release of insurer funds worth £6.6bn held in the Pool Re terrorism fund.
Market discussions around Pandemic Re options are crucial and serve a "noble purpose", Huw Evans director general of the Association of British Insurers told Post, as he confirmed the trade body is in discussion with Lloyd's and anticipates an invitation…
The insurance industry stands ready to participate in the creation of a Pandemic Re vehicle but opinions differ on how it would work.
As insurers are fond of saying, every claim is an opportunity to show their customers the value of what they get for forking out their premiums.
Insurance heavyweights from across the market have come together to launch a steering group to improve the industry’s response to future pandemics.
Brightside's Brendan McCafferty on how the insurance industry is adjusting in the time of coronavirus
The insurance industry is going through a difficult time, like many sectors, in full view of the court of public opinion says Brendan McCafferty CEO at Brightside.
Julian Enoizi, CEO of Pool Re, discusses coronavirus, the reclassification of Pool Re, tapping the ILS market again and moving to a treaty basis to help increase SME take-up of terrorism cover. He also responds to press speculation about ‘Pandemic Re’…
PREMIUM: As Post celebrates 180 years, we delve into the magazine’s archives and look at the impact war and terrorism had on the insurance industry in the 19th and 20th centuries
Post senior reporter Emmanuel Kenning asks if Pool Re is facing an existential crisis after the Office for National Statistics’ judgement that the mutual reinsurer should become part of the government.
Graeme Trudgill, executive director at the British Insurance Brokers’ Association, has pledged to support Pool Re during consultations about the future of the mutual reinsurer.
The Office for National Statistics has judged that Pool Re should be classified as part of the central government subsector in a surprise move that has raised questions about the future of the mutual reinsurer.
Pool Re has expanded its definition of SMEs to include firms with assets up to £5m, increasing the number eligible for its business interruption cover at no extra cost.
Charles Berry, chair of BPL Global, has succeeded Willis Towers Watson CEO Nicolas Aubert as president of the Insurance Institute of London.
Today’s terror attacks come in many forms – from homemade bombs to suicide bombers, knife and acid attacks to vehicles ramming pedestrians. Chris Parker, head of Beazley’s terrorism, political violence and kidnap & ransom underwriting team argues all are…
Julian Enoizi, CEO of UK government-backed terrorism reinsurer Pool RE, has predicted that the insurance-linked securities market will diversify away from US property-catastrophe risks, into other “difficult to insure perils” such as terrorism.
Non-damage business interruption terrorism insurance became available through Pool Re recently. And while Aston Lark's CEO Peter Blanc believes this is good he argues that once again the insurance profession has managed to make the whole topic pretty…
Terrorism has been a constant threat in the UK for more than half a century and has proved hard for security forces to keep up with, so it is hardly surprising that the insurance market too has found itself trying to repair gaps in cover as they emerge