All claims articles – Page 2
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Analysis
The risk of underinsurance posed by inflation
Brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures
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Analysis
Axa braces for Ukraine-Russia claims
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
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Analysis
CISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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Analysis
Effects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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Analysis
Europe counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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Analysis
European storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
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Analysis
Fire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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Analysis
Insurers must ‘lean into’ systemic risk - ABI
Policyholders expect more innovative solutions from insurers after the industry’s Covid-19 BI claims response
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Analysis
Amrae: Cyber remains a volatile class of insurance
Renewal negotiations should be less tense in 2022 with cyber underwriters seeing fewer claims and a return to profitability
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Analysis
Inflation-driven underinsurance demands new approach
The rising cost of materials has been exacerbated by Brexit, the pandemic and conflict in Ukraine
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Analysis
Healthcare sector hardest hit by 2021 cyber attacks – Marsh
Data breaches and ransomware accounted for 51% of cyber incidents for the broker’s London clients
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Analysis
NOAA predicts above-average Atlantic hurricane season
Ongoing La Niña and higher Atlantic temperatures are setting the stage for busy season ahead
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Analysis
GCube reveals impact of supply chain crisis on renewables
Recurring lockdowns have ”exposed the weaknesses of the solar industry’s total reliance on Southeast Asia”
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Analysis
Commercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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Analysis
UNDP partners with Generali to tackle protection gap
The partnership will support developing countries’ access insurance and risk finance solutions
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Opinion
Are your property assets underinsured?
Supply chain disruption has driven up the cost of construction, impacting insured property values
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Opinion
Digitising large and complex claims
How remote claims technology is helping make claims handling faster and more flexible
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Analysis
Cyber terror fears at heart of insurers’ reluctance to broaden cover
How the industry’s lack of appetite to cover terrorism or nation state cyber warfare risks is hindering market growth
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Analysis
Lessons from Merck’s NotPetya victory
Cyber war exclusions are likely to see future disputes over state-sponsored attacks ruled in insurers’ favour
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Analysis
Drones and cyber are top UK tech risks for 2022
DAC Beachcroft warns impersonation fraud on video conferencing platforms is a growing threat