All hard market articles – Page 2
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AnalysisCyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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AnalysisCyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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AnalysisGlobal commercial insurance rates up 9% in Q2
This is the 19th consecutive quarter of increases with cyber insurance pricing continuing to rise significantly
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AnalysisLack of affordable cover a ‘significant barrier’ to SME growth
The cost of insurance should not be excluded from the cost of doing business debate, says FSB director
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AnalysisInsurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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AnalysisClaims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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AnalysisAmrae: 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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AnalysisBeazley to prioritise firms with robust ESG scores
Companies must meet an appropriate threshold score under Marsh’s ESG Risk Rating (ERR) framework
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AnalysisTime to tackle underinsurance - Allianz
Industry has ‘a huge responsibility’ to mitigate inflation-driven underinsurance and to ensure certain risks do not ‘become uninsurable’, says chief executive
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AnalysisCyber correction creates a ‘more sustainable’ market – BrokerFest 2022
The importance of cyber essentials and protecting your supply chain has never been more apparent, say experts
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AnalysisHealthcare 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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AnalysisAirmic 2022: Facing a more ‘unstable’ risk landscape
AXA XL’s Sean McGovern explains how insurers can stay relevant and best support clients through the current turmoil
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AnalysisUkraine war and cyber resilience temper ransomware
Companies’ risk management investments appear to be paying off with ransomware frequency data showing notable moderation
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AnalysisUK cyber rates increased by more than 30% in Q1 – Aon
Underwriting cyber risks remains ‘time consuming and demanding’, according to the broker
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AnalysisUS D&O market posts best results since 2014
Rate hikes exceeding 10% per quarter fuelled direct premium growth of 35% to $14.6 billion
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AnalysisCommercial 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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AnalysisBrokers must not treat risk management as an ‘afterthought’
Those with a ‘simply transactional’ mindset may struggle to place risks
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AnalysisEnergy transition accelerated by Russia-Ukraine
Geopolitical uncertainty is creating an increased need for transition risk management - WTW
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AnalysisAirmic publishes 2022 Harsh Market Report
Rates and capacity continue to disappoint buyers - particularly for cyber - but there are some ‘green shoots’
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AnalysisAviva deploys cyber risk assessment tool
Tool launches against the backdrop of a hardening cyber insurance market and rising claims
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