All claims articles – Page 6
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Analysis
Claims shop window applauded for pandemic-driven innovation
Insurance Times editor Katie Scott explains why this year, celebrating claims excellence is all the more pertinent
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Analysis
Amrae: Cyber insurers in “vicious cycle”
Claims frequency and severity grew substantially between 2019 and 2020, outpacing cyber insurance premium growth
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Analysis
Social engineering: Sophisticated and underinsured
Social engineering attacks are on the rise, but losses can pose a grey area where insurance is concerned
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Analysis
Sedgwick predicts post-pandemic recall surge
Product recall events are on the rise despite ongoing operational challenges experienced by global car and OEMs
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Analysis
AXA’s Asian operations hit by ransomware attack
It comes a week after the insurer said it would be dropping extortion payments when underwriting cyber-insurance policies in France
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Analysis
Hail drives US cat losses in April
Western and central regions of Europe experienced a significant cold spell within the first week of April, with temperatures well below freezing
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Analysis
FM Global releases earthquake map
The Netherlands, France, Switzerland, Italy have all seen above-average movement to higher risk zones
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Analysis
Cloud dependency brings systemic risk potential
During the last six months, Amazon, Google and Microsoft Azure have all experienced significant service outages - CyberCube
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Analysis
Q1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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Analysis
FERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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Analysis
Geneva Association urges action on pandemic backstop
Governments must take on role of insurer-of-last-resort in future pandemic risk solutions, finds thinktank
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Analysis
D&O market is ‘brutal’, say brokers
The D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of the hard insurance market, said panellists at Insurance2025
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Analysis
Global climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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Analysis
GVNW urges action on pandemic risk solution
German insurance buyers’ association calls for immediate discussion at an EU and national level
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Analysis
IoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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Analysis
Asset-light economy presents new, disruptive risks
Corporations are holding more risk on their balance sheets as the value of intangible assets and potential for systemic risk grows
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Analysis
Nat cats cost global economy $190 billion in 2020
While COVID-19 was a stress test for society and the economy, it has an expiry date – climate change does not, warns Swiss Re chief economist
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Analysis
GVNW renewal survey shows “loss of trust”
Two thirds of German insurance buyers are actively seeking alternative risk transfer solutions, such as captive insurance and parametric covers
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Features
UK audit regime puts D&Os in the spotlight
Sweeping new reforms are set to place greater responsibility on directors and officers to ensure accurate financial reporting
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Analysis
MS Exchange attacks to hit larger firms
Large firms in Germany and US at high risk of recent cyber attacks on the servers running Microsoft’s email services