While rates are hardening, comparisons to the post-2001 market are overwrought, but times are tough for clients
Reinsurance giant raises premium targets for 2021
Making complex issues simple
Focusing on what matters to the market, understanding the forces that are shaping the industry
The benefits and costs of addressing Covid-19 risks will invariably come before the courts in one form or another
Rising BI loss aggregation could see reinsurers challenge the assessment and validation of business interruption claims, particularly on large facultative contracts
A recent, very widely drafted LMA exclusion clause introduced into D&O policies could lead to expensive and protracted insurance coverage disputes for businesses
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
The market faces challenges when it comes to professional indemnity and cyber cover
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
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
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
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
A partnership based on collaboration and trust between policy holders, insurance carriers and insurtechs have never been more important
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
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
Marine insurers can expect to suffer long-term pain from the grounding of the Ever Given
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
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
International Group pool faces huge hit with losses already running at an all-time high
Deeper insight into market trendsInsurance Day’s regular sections, providing clarity on market trends and insight into their implications
All set! This article has been sent to email@example.com.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.