All insurance articles
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Case StudyCase study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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OpinionOpinion: Why unconventional industries require an innovative approach to risk and insurance
Unconventional industries like 3D printing, space mining, and cryptocurrency may find it difficult to access traditional insurance. A hybrid approach can help, says Randy Sadler, a risk management expert and captive insurance manager at CIC Services
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AnalysisWhy building code regulations are the key to curbing Nat Cat losses
New research shows that just 27% of economic losses from Nat Cats this year have been insured. For risk managers, following building codes and prioritising resilience are crucial for minimising the risks
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AnalysisCase study: How Taprobane Seafood Group are using parametrics to protect against nat cats
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
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AnalysisCan insurtechs help risk managers tackle tricky and underinsured risks?
Two industry experts give their views on whether the insurtech sector can help solve the problem of underinsurance.
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AnalysisD&O insurance pricing is coming down - what it means for risk managers
A new report from Gallagher finds that D&O insurance conditions remain favourable, here’s what it means for risk managers and their organisations in the UK, Europe, Canada and America
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AnalysisRisk managers must check insurance policies as hybrid working remains popular
The combination of more people working from home and supply chain issues increasing the cost of computer repairs means risk managers need to take stock of insurance coverage
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OpinionHow risk managers can use effective disclosure to avoid the perils of underinsurance
More businesses are finding large claims rejected due to unfair presentation of risk rules. Rob Smart, chief technical officer, Mactavish explains how risk managers can make sure they don’t fall foul of this legislation.
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AnalysisCase study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
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OpinionConstruction claims and beyond… inflation and supply chain disruption
Construction costs are spiraling and delays to completion of projects may be inevitable, write Caroline Woolley and Steven Horne
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NewsClimate change will drive disruption within food & drink sector - WTW
Three quarters of food & drink firms cite lack of supply chain insurance solutions as among their biggest challenges
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NewsPERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
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NewsSummer 2022 heatwave saw surge in subsidence payouts
UK insurers are expected to pay £219m in subsidence claims, caused by last summer’s ’record breaking high temperatures’, says ABI
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News2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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NewsCyber parametric solution will ease risk managers’ headaches
Founder and CEO of Intangic expects the concept will quickly become familiar with insurance buyers
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NewsCloud providers suffered nearly 500 critical outages in 2022
About a third of events impacted US cloud regions, with a total of 1,190 performance disruptions overall
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NewsUnderinsurance risks remain as construction costs soar
Continuing high levels of inflation in construction costs could see claims disputes in the event of a property loss
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News$2.2 trillion global electronics industry at threat from semiconductor supply chain
Risks include geopolitical tensions, earthquakes, and extreme weather, but risk transfer solutions remain thin on the ground
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NewsLondon-based Cyber MGA launches with parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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NewsDirectors warned ESG litigation set to snowball
One of the most high profile ongoing cases is the ClientEarth case against 13 directors of energy giant Shell