Insurance Day is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Access your daily edition of Insurance Day

Download the digital edition of Insurance Day, featuring the latest news, analysis and insight on the London market and international specialty re/insurance sector, by visiting our PDF library.

Hot Topics

Making complex issues simple

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

 

Covid-19

'Legacy platforms are a major obstacle to hybrid working in the London market'

Lack of access to real-time management information while working remotely has left many brokers without access to the data required to make critical decisions

Coronavirus London

The problem of Covid-19 disputes remaining behind closed doors

With many Covid-19 disputes being dealt with by arbitration instead of court proceedings, the market is being left without legal precedent as to how to deal with these types of cases

Legal focus Coronavirus

Covid-19 casts long shadow over employers' liability

Long Covid has implications for employers and their insurers 

Legal focus United Kingdom

Covid-19 claims bill puts XoL treaty wordings to the test

The ball is in reinsurers’ court as to whether they aggregate pandemic-related business interruption claims after the Supreme Court rejected Covid-19 as a single event, but there is cautious optimism a solution will be found

International Reinsurance
Cyber

Cyber insurers on alert as US Treasury targets cryptocurrency exchange

Move will have far-reaching implications for insurers, as US targets ransomware payments, lawyers warn

International Cyber

Focus: Reinsurers must not discount the cyber expertise in the all-risks market

It is critical the reinsurance market avails itself of the expertise in related classes in order to tackle the monumental challenge of cyber 

Focus Cyber

ID Comment: Re/insurers should be cautiously optimistic about cyber

Reinsurers are eyeing aggressive cyber growth, but rate rises alone will not be enough to achieve sustainable growth

ID Comment Reinsurance

'Realistic attack scenarios are fundamental to the success of cyber risk models'

The evolution of cyber attack activity as a service economy that enables unskilled actors to purchase attack capabilities and tools is a major challenge for risk modellers

Cyber Risk Management
Insurtech

'Blockchain will radically transform the microinsurance market'

Insurtechs are working with insurers and distribution partners to drive economic growth in developing regions, and create sustainable, resilient futures for underserved communities

Technology International

Focus: The industry must continue to drive claims management into the insurtech era

The industry can’t afford to take its foot off the gas pedal with respect to digitalisation, especially given the significant momentum that it has gained over the last 12 months

Claims Management Insurtech

Focus: Four trends in insurtech that are transforming the market

The insurtech landscape is evolving rapidly and it is critical to understand the main business models that are shaping the future of the market at present

Insurtech International

Focus: Slow authorisation is a threat to London’s insurtech status

The FCA estimates the authorisation process for new insurtech ventures takes between three to four months – in reality it is taking up to 12 months

Focus Insurtech
Marine

'Insurers face claims surge as transport sector recovers in China'

As mega-ports and inland transportation routes speed up to meet global demand, the ongoing imposition of Covid-19 restrictions is a major factor driving up the volume and cost of claims

Claims Management China

P&I insurers feel impact of pool pressure

Elevated combined ratios look like being the norm across the International Group for some time yet, as payouts and expenses continue to breach premium income

Europe Marine

London marine market nears high-water mark as new capacity enters

After three years of hardening rates in hull and cargo, capacity inflows are starting to dampen price hikes, but underwriters warn the segment’s risk profile has not fundamentally changed

London Marine

Covid, cyber, piracy, and sanctions test the appetite of the maritime risk market

The sector must grapple with a challenging mix of threats

Marine International

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

California Dixie fire (SOPA Images Limited/Alamy Stock Photo)
ID Comment: Reinsurance investors and climate change
Few reinsurers price specifically for climate change. Investors are likely to ask more questions of them
City workers (Milton Cogheil/Alamy Stock Photo)
ID Comment: Delivering real diversity
The London market needs to deliver on its promises of greater diversity
Ransomware (JAM/Alamy Stock Photo)
ID Comment: Re/insurers should be cautiously optimistic about cyber
Reinsurers are eyeing aggressive cyber growth, but rate rises alone will not be enough to achieve sustainable growth
Willis Towers Watson head office, London (Robert Evans/Alamy Stock Photo)
ID Comment: Willis Towers Watson 2.0 – new strategic plan meets cold light of day

The broker’s hotly awaited new business plan has been cautiously welcomed, but many wonder whether its ambitions are achievable

 



People Moves


Market News

RiverStone names Taylor CIO
Axis expands London financial institutions team
Tegron hires Shergill to bolster specialty team

 




Stockwatch


Stockwatch Company News

Arrows up (Sean Prior/Alamy Stock Photo)
Arch stock climbs despite Q3 cat losses
Bermudian carrier's shares rise 4.6% in a week
WTW rises as share buyback extended

Broker's stock is closing gap on two main rivals after mid-year wobble

Leandro Macari/Alamy Stock Photo
Lancashire down 5% as Lloyd’s stocks stumble

Hiscox and Lancashire are back in ‘bear’ territory but wider industry proving resilient

marcos alvarado/Alamy Stock Photo
StockWatch: Scor wobbles as CEO laments loss trends

Reinsurer’s shares falls 7% as insurance stocks trend downwards

 




Legal Focus


Market News

Climate activism increases the scope for Australia’s renewable energy risk market
Calmer times ahead predicted for D&O liability market
US court examine anti-concurrent causation clauses
UsernamePublicRestriction

Register