All Insurance articles – Page 2
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NewsCOVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
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UK insurers settle over £750m of COVID-related BI claims
Data reveals Hiscox has more than double the number of COVID-related BI claims in comparison to its peers
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AXA France offers restaurateurs €300m BI settlement
Support package provides a lump sum indemnity settlement to cover the equivalent of 15% of 2019’s catering turnover activity
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IoT is a supply chain risk "game-changer"
Aon’s vaccine insurance solution demonstrates the technology’s potential in the insurance market, says GlobalData
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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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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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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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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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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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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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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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Insurer CNA hit by cyber attack
The insurer, which underwrites cyber insurance via subsidiary CNA Hardy, said the “sophisticated” attack on 21 March caused network disruption
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OECD: Insurers need “skin in the game” on pandemics
Insurance sector needs to play more active role in future pandemic solutions, says OECD secretary-general Angel Gurría
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Zurich launches resilience unit for emerging risks
It will include services in the areas of climate change, supply chain and cyber risk management
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WTW and Liberty partner to provide reputation cover
The solution is available globally and initially to clients in the leisure hospitality, manufacturing, retail and transportation sectors
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Captive formation picks up in Guernsey
The jurisdication expects to see a “significant rise” in 2021 against the backdrop of a hardening commercial insurance market
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EIOPA moots multi-peril risk pools
Capital markets could be an additional layer of risk transfer to improve society’s capacity for bearing business interruption risk
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Spanish snowfall claims to reach €1.8 billion
Storm Filomena brought wintry conditions and cold temperatures not seen in Spain in two decades - Impact Forecasting
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Lloyd’s launches systemic risk initiative
The COVID-19 pandemic has highlighted gaps in the knowledge, understanding, and mitigation of systemic and black swan risks
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Lloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
