All risk transfer articles
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$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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London-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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Is the cyber crunch behind us?
Financial Lines markets across Europe are experiencing rapid change as rates begin to taper off
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UK underinsurance crisis evident in 2022
Valuation firm finds that 75% of properties were underinsured in instructions received last year
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Brit increases cyber consortium capacity by 50%
Product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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Insurers monetise intangible assets for IP product
Aim is to develop a trade secret protection ecosystem as the value of unprotected intangibles grows
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Hospitality firms feel unable to control their risks
Strategic risks are mounting post-pandemic as firms cite fears around reputational risk and underinsured BI losses
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Risk is essential to an enterprising economy - UK Economic Secretary
The government must create the “right regulatory environment” to allow insurers and brokers to innovate
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Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Demand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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Why cyber is the biggest risk for 2023
Cyberattacks in Europe have been growing steadily, but the insurance capacity crunch continues
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Airmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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COP27: Egypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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Legal claims against insurers surge by nearly 280%
Corporations are now more than three times as likely to have to sue insurers to get their claims paid, finds Mactavish
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Global commercial insurance rates up 6% in Q3 - Marsh
Globally, cyber insurance pricing increased 53% in Q3, with hikes of 66% in the UK
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Dirk Wegener opens FERMA Forum in Copenhagen
He urges innovative efforts to tackle protection gaps concerning climate transition, cyber and other potentially systemic risks
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Living and breathing International Programs
Why Swiss Re Corporate Solutions’ International Program team is determined to grow the business carefully, despite an uptick in demand
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Support our transition journeys, FERMA urges insurers
Businesses are experiencing restrictions on insurance coverage for their transition activities in three ways
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sigma study examines risk in a multi-polar world
“Friend-shoring” and reshoring of supply chains, investments in green energy and mitigating a food crisis will shape the risk landscape