Pool Re
Pool Re scheme spurs Axa to include terrorism cover in SME policies
Axa is planning to add terrorism cover to its SME products by the second half of next year, as a result of a Pool Re scheme that will offer insurers “significant” discounts to reinsure SME terrorism risk.
M&S attack proves public-private cyber risk pool is required
Editor’s View: The cyber attack against M&S shows insurance alone can’t swoop in to save the day when cyber criminals attack major retailers, so the government must partner with providers now to ensure national resilience, argues Emma Ann Hughes.
Colm Holmes, Allianz UK
Colm Holmes joined Allianz in December 2021 and is a man with a mission: to make his business the number one insurer in the UK.
Ken Norgrove, RSA
Ken Norgrove has more than 35 years’ experience in the insurance industry and a history with RSA that dates back to 1986, but it is how he is shaping the business today that earned him fourth place on Insurance Post’s 2025 Power List.
Optalitix reveals how tech underpinned Pool Re’s evolution
Pool Re’s recent switch to a treaty model for its terrorism property reinsurance scheme would not have been possible without a new platform built by Optalitix, the tech vendor’s head of insurance platforms has told Post.
Brown & Brown buys broker; Crif and Crawford collab, Atec hire
Weekly Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers eye increase in terrorism cover sales
Insurers are tentatively anticipating an uptick in the number of businesses buying terrorism cover, following changes to the Pool Re reinsurance scheme last week.
Martyn's Law receives Royal Assent
Businesses have been given two years to implement the requirements of Martyn’s Law, landmark piece of counter-terrorism legislation.
Pool Re opens consultation on SME terrorism cover
Pool Re has launched a consultation on the potential to reintegrate terrorism as a standard covered peril in SME policies.
Pool Re reduces taxpayers’ exposure to UK terrorism risk
Pool Re has completed the placement of a new retrocession programme, shifting more of the financial risk arising from acts of terrorism away from taxpayers and back to the private market.
Insurers Review of the Year 2024
Insurers share their highlights of 2024 and hopes for more economic stability, less regulatory tinkering and fewer storms in 2025.
Bspoke’s Hood partnership; CFC’s European expansion; Pool Re’s head of underwriting
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
iCan founder launches broker; Chaucer enters weather market; RSA's property director
Thursday Round-Up: As tomorrow is Good Friday, Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week, a day early.
Pool Re to adopt more flexible treaty model in 2025
Pool Re members and the Treasury have backed proposals for the government-backed terrorism reinsurer to adopt a treaty model from next spring.
UK motor broker launches; Ardonagh’s management reshuffle; Polaris’s £1.5m investment
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Pool Re’s treaty reinsurance plans present SME cover opportunity
Proposals to make Pool Re a treaty reinsurer could lead to a greater proportion of UK SMEs taking out terrorism cover, senior industry figures have said.9
Government to launch Martyn’s Law consultation after Christmas
The government will launch a consultation on proposed counterterrorism measures that smaller premises will have to take as soon as possible, according to a Home Office official.
Diary of an Insurer: Pool Re’s Jonathan Gray
Jonathan Gray, chief underwriting officer of Pool Re, is careful about cyber security while working on the train and considers how to protect the UK’s publicly accessible locations from terrorist attacks.
Is it time to start lobbying the government to help insure SMEs?
News editor's view: Despite business insolvencies increasing year-on-year, SMEs are still not taking out insurance and, when they do, they often remain underinsured. Is it time for the government to step in?
Industry lacks a ‘credible understanding of terrorism in the UK’
The insurance industry needs to brush up on its understanding of terrorism risk ahead of the expected passage of Martyn’s Law next spring, Pool Re has said.
