Pool Re
Pool Re to encourage non-members to offer mitigation credit
Pool Re hopes to convince non-member insurers to offer the 2.5% loss mitigation credit on premiums made available through a counter terrorism initiative launched by government yesterday (15 June).
Government to offer insurance incentives for terrorism mitigation efforts
Counter terrorism police are to outline details of an insurance programme that will benefit businesses and organisations that make improvements to their security arrangements under the government's crowded places programme.
Career File: Bronek Masojoda - Hiscox CEO takes Pool Re non-exec role
Pool Re has appointed Hiscox CEO Bronek Masojoda as non-executive director.
Hiscox CEO Masojada takes on NED role at Pool Re
Pool Re has appointed Hiscox CEO Bronek Masojada as non-executive director for the government-backed terrorism scheme.
Pool Re unveils loss mitigation credit
Pool Re and the National Counter Terrorism Security Office have launched an initiative to provide a reduction in premium for owners of crowded sites who take loss mitigation measures.
Pool Re modernisation initiatives to launch in October
Pool Re modernisation initiatives including an updated SME proposition, risk reflective pricing and enhancements to the customer experience will take effect from 1 October.
Client demand tipped to trigger broader coverage for terrorism 'non-events'
The changing face of global terrorism is likely to cause an influx of insurance products to target terror-related threats as the scale and scope of terror events expand.
Interview: Julian Enoizi: A pool of knowledge
Eighteen months into his role as CEO of Pool Re, Julian Enoizi talks about the changes he has made, how a new government may affect things and offers advice to Flood Re.
Maurice Tulloch handed Pool Re non-executive role
Aviva's UK and Ireland general insurance CEO Maurice Tulloch has been named as a non-executive director at Pool Re.
Pool Re CEO says cyber risk warrants public-private partnership
A public-private partnership in the area of cyber risk should be considered given the potentially systemic nature of the loss, according to Pool Re CEO Julian Enoizi.
Munich Re leads Pool Re's £1.8bn reinsurance programme
Government-backed terror scheme Pool Re has purchased reinsurance in the commercial market for the first time in its history.
Terrorism: Defusing the terrorism bomb
Despite recent terrorist attacks, the insurance market remains resilient, with losses in property damage and business interruption remaining low. However, what effect will the changes to Pool Re have?
Pool Re reportedly weighing business interruption changes
UK terrorism insurance scheme Pool Re is reportedly evaluating changes to business interruption cover in the aftermath of the Charlie Hebdo killings in Paris.
IUA boss Matcham welcomes TRIA renewal agreement
The International Underwriting Association has heralded the decision in the US to renew the Terrorism Risk Insurance Act as a means of reducing economic uncertainty.
Future sustainability of Pool Re to be achieved by modernisation in 2015
The Pool Re board is aiming to complete its modernisation of the 22-year-old terrorism facility by the end of next year.
Reinsurance tariff hike won't impact Pool Re rates, claims Willis
The increased premium ceded to government as part of the new deal agreed with Pool Re will not result in a hike in rates paid by members of the terrorism facility, according to Ian Kennett, executive director in Willis' real estate practice.
Editor's comment: Technology makes the world go around
It’s hard to think of a part of the modern world that isn’t driven by technology – and with this comes the risk of downtime and hacking.
Pool Re-style cyber terrorism facility could stimulate the market for insurance
Cyber insurance concept raised at CFC Cyber Symposium
Government open to concept of cyber risk pool
Cabinet Office minister Francis Maude MP has not ruled out the possibility of a Pool Re-type arrangement to cover cyber crime risk.
Insurers to remain reliant on Pool Re in face of large potential losses
Insurers are likely to continue to participate in Pool Re despite the proposed levy increase, according to a briefing from AM Best.
Pool Re satisfied with terror deal despite ceding increased premium to Treasury
Members vote in favour of deal that will see 50% of premium go to government
Marsh unveils Pool Re alternative terrorism facility
Marsh has unveiled a new UK terrorism facility to provide cover to clients with commercial property assets in the UK.
Airmic throws support behind Pool Re modernisation plans
Risk management association Airmic has claimed plans to modernise Pool Re will make the terrorism reinsurance scheme more attractive to business as well as diversifying its risk base.
Pool Re members vote in favour of Treasury retrocession changes
Pool Re members have voted unanimously in favour of approving the demands made by HM Treasury for changes to its retrocession agreement.