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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

Viewpoint: Relationships are key to mitigating risk of pandemic unrest in Mena region

Despite the high level of civil and political unrest in the region, international carriers can support clients and underwrite sustainably by using regional knowledge and relationships in local markets

Middle East and Africa Political Risk and Trade

Global carriers reconsider appetite for Middle East risks in light of Covid

Insurers in the UAE, Saudi Arabia and Israel face increase in business interruption losses as well as premium taxes, as governments seek to replenish finances dented by coronavirus

Claims Management Coronavirus

Viewpoint: Government action is essential to make pandemic BI risk insurable

There are strong parallels between the measures required to sustain the terrorism risk market following the September 11, 2001 attacks and what will be required to provide pandemic business interruption cover after Covid-19

Coronavirus Risk Management

Viewpoint: The days of the Underwriting Room at Lloyd’s are numbered

In the post-lockdown world, a complete rethink of the use of the trading floors is required

Lloyds Coronavirus
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

The cyber insurance market must learn from the SolarWinds hack

SolarWinds ‘cyber catastrophe’ demonstrates need for collaboration between insurer and insured so that insurance rates do not skyrocket to an unreasonable level

Cyber Specialty

Focus: Adjusters can help industry to resist ransomware demands

Whether or not insurers should support the payment of a ransom demand is debatable, but it is important to acknowledge payment is not always the best or most appropriate response

Focus Cyber

Viewpoint: Cyber underwriting must evolve with the threat of ransomware

A lot more to needs to be done by businesses and their insurers to better understand and identify the risk before a ransom is demanded

Cyber Claims Management
Insurtech

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

Asia insurtech sector speeding ahead on regulatory fast track

The adoption of insurtech solutions in Hong Kong and Singapore is not without its challenges, but these are being addressed through proof of concept initiatives sanctioned by the regulator

Insurtech Asia Pacific

Viewpoint: Ecosystem approach can solve the insurtech funding challenge

Platforms hosting several insurtechs are helping to ease the pressures on the sector post-Covid – but ongoing investment is critical

Technology Insurtech
Marine

Marine insurers brace for major Suez claims

International Group pool faces huge hit with losses already running at an all-time high

Marine Losses

Viewpoint: P&I clubs need to factor future shocks into their pricing

With the P&I renewal season over, clubs faced some tough pricing decisions amid pressure to take into account both present and future challenges facing the market

Marine International

Viewpoint: P&I clubs must think in new and constructive ways to be sustainable

The longevity of the P&I club business model is based on sustainability, but sustainability also has an economic dimension in the form of realistic risk pricing

Marine International

Focus: P&I rate hikes ‘modest’ given losses

With underwriting losses likely to be only partially offset by modest investment earnings, clubs are expected to see an overall decrease in free reserves for the last fiscal year

Focus Claims Management

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

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
ESG (Dapitart/Shutterstock.com)
ID Comment: ESG pressures return

Carriers dealing with Brexit and Covid-19 need to start thinking about sustainability too

Coronavirus (Micha Weber/Shutterstock.com)
ID Comment: Four takeaways from the business interruption test case
The Supreme Court's ruling in favour of policyholders was controversial and throws up interesting problems for carriers

 



People Moves


Market News

Start-up Mosaic appoints Wheeler co-CEO
Liberty Mutual Re appoints Smith managing director
Apollo promotes Newman to strategy chief

 




Stockwatch


Stockwatch Company News

Lucas_zb/Shutterstock.com
StockWatch: Hiscox gains despite syndicate 33 loss

Insurance stocks rise across the board as equity markets hit new highs

Scor head office, Paris
Stockwatch: Scor stock dips after Covéa’s fresh attack
Lloyd’s stocks bounce back 4% but underperformed terribly in the first quarter of 2021
BEST-BACKGROUNDS/Shutterstock.com
StockWatch: Hiscox slide continues amid BI criticism

Lloyd’s stocks have lagged industry recovery from depth of pandemic

Arrows up (RIE SAKAE/Shutterstock.com)
StockWatch: Argo rally continues for fifth week
Stocks begin to show recovery one year from start of the pandemic

 




Legal Focus


Market News

Legal Focus: How will open finance change the insurance distribution landscape?
Legal Focus: No contract, no duty of care
Legal Focus: California insurers lose out in latest Covid-19 litigation
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