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Hot Topics

Making complex issues simple

Focusing on what matters to the market, understanding the forces that are shaping the industry

 

Covid-19

Legal Focus: Balancing the risks of Covid-19 in the care sector

The benefits and costs of addressing Covid-19 risks will invariably come before the courts in one form or another

Legal focus United Kingdom

Reinsurers under pressure to challenge primary carriers on Covid BI claims

Rising BI loss aggregation could see reinsurers challenge the assessment and validation of business interruption claims, particularly on large facultative contracts

Reinsurance Coronavirus

Legal Focus: Blanket D&O exclusion fears as carriers brace for post-Covid insolvencies

A recent, very widely drafted LMA exclusion clause introduced into D&O policies could lead to expensive and protracted insurance coverage disputes for businesses

Coronavirus Casualty

Focus: M&A carriers see upside in more flexible approach to Covid coverage

While broad exclusions were the norm in lockdown last year, transactional liability underwriters are becoming more comfortable with accommodating the different impacts of the pandemic on M&A deals

Risk Management Focus
Cyber

Legal Focus: Solicitors' PI insurers grapple with silent cyber cover

The market faces challenges when it comes to professional indemnity and cyber cover

United Kingdom Cyber

Cyber insurers cut risk appetite as losses mount

Two years of escalating losses and evolving threats have left cyber insurers little choice but to dramatically hike rates and re-evaluate their risk appetites – and there is more to come

London Cyber

Viewpoint: Insurance market must address the cryptocurrency challenge

Insurers face becoming irrelevant to the risk mitigation requirements of corporations as their main lines of business become increasingly exposed to crypto asset risk in the future

International Cyber

CyberCube's Millaire: Diversity is critical to cyber risk modelling

To model the complexity of cyber risk requires a deep understanding of both human behaviour and internet technologies, the analytics and modelling firm's chief executive says

International Diversity
Insurtech

Insurtechs are ‘rewriting Africa's insurance narrative’

Innovative technology firms are driving health insurance inclusion and impact at scale in Africa and providing solutions to the cash flow problems faced by healthcare providers on the continent

Insurtech Middle East and Africa

Viewpoint: Capacity, technology and trust are essential to mitigating flood risk

A partnership based on collaboration and trust between policy holders, insurance carriers and insurtechs have never been more important

Property United Kingdom

Viewpoint: Covid is driving insurtech adoption in Latin America

The pandemic has shown local insurers that the role of insurtechs is not to take away business but to help them stay close to clients by facilitating access to new distribution channels

Insurtech South America

Profit and volume 'key to successful insurer-insurtech partnerships'

Incumbents are under pressure to grow their partnerships with insurtechs to scale at an acceptable loss ratio in order to recover their investment in a shorter timeframe than previously envisaged

Technology Insurtech
Marine

Viewpoint: Suez Crisis will test marine market's ability to manage claims

The scope and complexity of the losses and liabilities arising from the blocking of the Suez Canal by Ever Given will affect insurance markets and insureds globally for years to come

Marine Losses

Legal Focus: The Ever Given – lesson learnt or insurer fingers burnt?

Marine insurers can expect to suffer long-term pain from the grounding of the Ever Given

Legal focus Losses

Legal Focus: Hazardous cargo threat remains an issue for the marine insurers

Despite a reduction in hazardous cargo losses last year, non-declaration remains a problem and there has been a rise in losses from ‘non-hazardous’ cargo, such as grain and biomass

Claims Management Marine

Marine insurers dismayed by $1bn claim for Suez Canal block and seizure of vessel

Boxship that caused a six-day shutdown of key waterway has been arrested despite go-ahead to sail from classification society, as Suez Canal Authority seeks resolution of dispute with owner

Egypt Marine

Regulars

Deeper insight into market trends

Insurance Day’s regular sections, providing clarity on market trends and insight into their implications

 

 

ID Comment

ID Comment Company News

ID Comment: Gallagher's $3.6bn swoop on Willis assets is a once-in-a-lifetime deal for the firm

Willis Re is the jewel in the crown of the deal, which 'is about growth, not synergy'

Richard Watson, co-founder and chief executive, Inigo
ID Comment: Carriers don’t feel like this is a party

While rates are hardening, comparisons to the post-2001 market are overwrought, but times are tough for clients

Lloyd's London
ID Comment: Could Blueprint Two shave off more than £800m in costs?
Lloyd’s is uncovering the massive scale of inefficiencies in the market 
Arrows up (Champ008/Shutterstock.com)
ID Comment: Re/insurance chiefs bullish on multi-renewal hardening
Leaders from Axis, Scor, Hannover Re, Lancashire and Beazley believe a prolonged rate increase is on the cards

 



People Moves


Market News

Oneglobal names Daudt LatAm chief
Former England player joins Miller rugby insurance team
MS Amlin appoints Americas reinsurance underwriting chief

 




Stockwatch


Stockwatch Company News

Arrows down (Leandro Macari/Alamy Stock Photo)
StockWatch: Beazley falls despite positive Q1
Insurance sector underperforms as Colonial cyber-attack losses loom
Sean Prior/Alamy Stock Photo
Stockwatch: Profit surge halts Munich Re sell-off

Argo Group and Axis rise on swing to black

Castor Maritime extends fleet to continue diversification push

The purchase en bloc of five tankers came days after Castor agreed to acquire a 2011 China-built panamax dry bulk carrier from an unaffiliated third party

Dmytro Olegovich Zakharchuk/Alamy Stock Photo
StockWatch: Lancashire shares climb on Q1 revenue boost

Lloyd’s player up 6% from last week as broker stocks outperform

 




Legal Focus


Market News

Legal Focus: Texas judge rules for policyholder in Covid BI claim
Legal Focus: FCA gets personal on money laundering
Legal Focus: Supreme Court moves UK closer to US-style class actions
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