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Where there’s a will, there’s a way
Highlights from the World@Risk Climate Change and ESG Forum
IIA highlights governance shortfalls at energy firms
Says sector must strengthen financial resilience to weather economic shocks after spate of insolvencies
Mahnke steps down from GVNW as he moves into insurance role
Alexander Mahnke is joining MSIG Insurance Europe after nearly 12 years as CEO Insurance at Siemens
Democracy under fire in a third of countries
China and Saudi among the top ten highest risk countries; shows the “prominent role” of authoritarian regimes within the global economy
Europe’s captives ‘show their worth’ through challenging market
AM Best has observed an uptick in the use of existing captives in response to the hardening market conditions
IDF calls for ‘convergence’ of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
RIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
Inflation drives up cost of vessel, cargo repairs
The rising prices of steel, spare parts and labour are all factors in the increasing cost of hull repair and machinery breakdown claims
European D&O: Heading towards a perfect storm?
Inflation, post-pandemic fallout, geopolitical instability, rocketing energy prices, and an increased focus on ESG has heightened D&O exposures