International
Policy wording the ‘biggest complaint’ of cyber insurance buyers
Insurers’ cyber offerings have improved over the last five years, but consumers still struggle with the language and expressions used in policies.
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
Blog: Lloyd's predicts the World Cup winner
Lloyd's of London predicts which country will win the 2018 World Cup, based on the insurable value of the 32 football teams that start battling it out this week in Russia.
Chubb's Suresh Krishnan on multinationals and environmental risks
Here is what risk managers should be looking at when designing a multinational environmental insurance programme, says Suresh Krishnan, head of global accounts division at Chubb Europe.
This month in Post: lessons learned, space travel and why every insurer wants a time machine
Following the collapse of Danish insurer Alpha hundreds of black cab drivers were left unable to work and without any insurance cover. With little communication from the insurer the drivers took matters into their own hands and besieged the offices of a…
CNA Hardy's Dave Brosnan on beating the bunker mentality
Business executives are underestimating supply chain and terror risks, writes CNA Hardy's CEO Dave Brosnan, urging them to beat the bunker.
Further M&A on the cards in AIG turnaround
AIG CEO Brian Duperreault has suggested that the insurer intends to make further acquisitions, following on from its purchase of insurance, reinsurance and asset management service provider Validus.
Scor issues first UK cat bond in vote of confidence for London ILS regime
Scor has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond.
Aviva completes €130m Friends First acquisition
Aviva Ireland has completed the acquisition of life insurer Friends First for €130m (£116m) after receiving regulatory approval from the Central Bank of Ireland.
Analysis: Protecting against protectionism
Protectionism is posing challenges to the insurance market, but also creating some opportunities, especially for trade credit cover.
Castel targets European growth with Dutch office launch
Castel Underwriting Agencies has opened its first branch office in Amsterdam to support plans to expand its operations in Europe.
Allianz takes 8% stake in Africa Re
Allianz is to take an 8% stake in Africa’s leading reinsurer Africa Re.
Analysis: Supply chains: Pruning supply risks
With supply chains entwined through businesses like ivy, disruption risks are climbing. Under-utilised policy wordings and little-known specialist covers haven’t weeded them out
Analysis: How Lloyd's is faring in the Middle East
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
QBE's Chris Wallace on IDD as a new dawn for customer engagement
The Insurance Distribution Directive gives insurers a platform to engage with customers and to do so with transparency, writes Chris Wallace, executive director of Europe at QBE.
XL Catlin’s James Tuplin on the liability issues raised by PSD2 and open banking
Open banking throws up some liability questions, explains James Tuplin, head of cyber and technology, media and telecoms – International at XL Catlin.
Analysis: 2018: A space policy
The UK is contemplating liability options as it wants to allow satellite launches from its soil.
Blog: Should travel insurers take 'permanxiety' seriously?
Insurers should harness technology to enable clients to anticipate employees’ medical and security threats abroad. And as a result help reduce the risk of permanxiety, claims Chris Knight, head of corporate assistance services at Cega
Beazley's Raf Sanchez on why GDPR will bring an increase of “non-material” damages claims
Organisations are likely to be faced with data privacy claims, predicts Raf Sanchez, international breach manager at Beazley, warning cyber cover is only part of the solution.
Analysis: Tracking rail risks
Railways are travelling through a changing landscape of severe weather risks and terror perils, but perhaps none so arresting as the cyber threats raised by their new reliance on digital connectivity
Charles Taylor targets international growth with insurtech acquisition
Charles Taylor Insuretech Limited has acquired Latin American insurance technology software provider Inworx.
Bureau Veritas launches learning academy to help UK businesses remain compliant
Bureau Veritas has launched a learning academy to help UK businesses to keep up with the volume of ever-changing regulation that they must adhere to.
Blog: I(nsured), robot
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
Blog: Travel insurers unwittingly fuelling corruption in Peru
Craig Wright, operations manager at Traveller Assist, explains how his risk management firm has unveiled a web of price-fixing, bribery and corruption in Peru hospitals, which he warns is being fuelled unwittingly by travel insurance companies.