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Regulars

Noonan rails against 'misguided and dumb' US tax reforms

Validus chief urges US policymakers not to disrupt the current structures for spreading risk

Lloyds Reinsurance United States

Latest From Lloyds

Viewpoint: Covid-19 requires fresh approach from the legacy market

Pandemic pressures will drive an increase in legacy transactions, but the risks presented by Covid-19-exposed portfolios are inherently difficult to analyse and therefore to price

Legacy London

Lloyd’s grants ‘in principle’ approval for Probitas managing agency

Steven Burns set to join as non-executive chairman

Lloyds London

Lloyd’s launches API to enhance placement data flows

New application programme interface will ‘enhance ability to share data’

Lloyds Market Modernisation
See All

Latest From Distribution

Aurous enters property D&F class

Specialist MGA expands energy capacity

Property Specialty

Viewpoint: The MGA sector has some difficult choices to make

Many MGAs are at the point where they require replacement capacity or will have to enter into a sale or run-off. The importance of having relevant plans in place cannot be overstated

Distribution International

Optio launches A&H division

Darren Delande joins from Sure Insurance Services

United Kingdom People moves
See All

Latest From Losses

Everest Re says Q2 profitable despite $175m cat losses

Carrier announces Michael Karmilowicz will come on board as president and chief executive of the primary business

Everest Re Bermuda

Swiss Re to book €1.1bn loss in H1

Reinsurance giant puts claims and reserves of €2.5bn related to Covid-19

Swiss Re Coronavirus

Nat cat losses reached $30bn in first half

Tally slightly above the long-term average of $28bn, according to Aon

International Property
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Latest From Legal focus

Legal Focus: Louisiana takes further tort reform steps

New law will reduce burden on insurance companies

United States Casualty

Legal Focus: Insurers face D&O claim surge threat

Novel risk areas – beyond those caused by Covid-19 – are permeating through businesses

Legal focus Casualty

Legal Focus: To litigate or to arbitrate – that is the question

US federal appeals case provides useful backdrop for considering critical differences between litigation and arbitration in resolving reinsurance disputes 

Legal focus United States
See All

Latest From Special Report

Mid-tier brokers battle to escape the killing zone

London’s medium-sized players are transforming in order to survive

Distribution London

Global brokers plot evolution of facilities

Facilities are here to stay, and the major brokers are investing in technology to expand their use

Broker Facilities Distribution

'It may sound like heresy, but the old broker model must change'

Brokers must evolve to meet the changing needs of their clients and that requires a significant cultural shift

London Distribution
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Latest From Viewpoint

Viewpoint: Litigation risk presents the big challenge for the legacy sector

For the market to continue its impressive growth, legacy acquirers must enhance their due diligence capabilities to navigate an increasingly complex litigation and claims landscape

International Legacy

Viewpoint: Legacy transactions have a key role in the post-pandemic recovery

Legacy solutions will ensure that capital is more efficiently deployed within companies and across markets

International Legacy

Viewpoint: London must brace itself for more fundamental change

The market has been forced to transform its working practices, but it needs to better understand the nature and scope of the changes to build on the progress already made

Market Modernisation Coronavirus
See All

Latest From Claims Management

Legal Focus: To litigate or to arbitrate – that is the question

US federal appeals case provides useful backdrop for considering critical differences between litigation and arbitration in resolving reinsurance disputes 

Legal focus United States

Wind turbine fires pose a burning issue for renewable energy carriers

Underwriters and brokers are urging the wind energy sector to confront the physical and reputational risks of turbine fires

Claims Management International

Focus: The legacy sector must hold the line on pricing

The key consideration for legacy firms as they move into a more active period of deal-making should be to maintain discipline on pricing and due diligence

Asset Management/Investment Claims Management
See All

Latest From Risk Management

ID Comment: Restoring trust and confidence among buyers

Engagement, openness and a degree of understanding will be key to restoring buyer-insurer relationships

ID Comment Casualty

ID Comment: Buyers seek alternatives amid frustration with insurers

Airmic says members are increasingly examining alternative risk transfer options, including captives

ID Comment Risk Management

Insurers face evolving cyber crime threat in post-pandemic world

Coronavirus cyber crime fears may be misplaced, but there are plenty of other things to worry about

Cyber Risk Management
See All

Latest From Technology

Focus: The marine market's efforts to modernise are critical to its recovery

The ability to combine weather and ship position data to assess environmental exposure will allow real-time changes to insurance coverage and pricing 

Technology Focus

Not so unexpected? Modelling pandemic risks

It is possible for insurers and clients to estimate potential losses caused by events like Covid-19, the chief executive of San Francisco-based Metabiota says 

Technology Coronavirus

Viewpoint: London must brace itself for more fundamental change

The market has been forced to transform its working practices, but it needs to better understand the nature and scope of the changes to build on the progress already made

Market Modernisation Coronavirus
See All

Latest From Regulation

Legal Focus: Insurers must prepare as the threat of no-deal Brexit grows

A no-deal outcome, which once seemed very unlikely, now appears to be entirely plausible

Legal focus Brexit

Suspension of wrongful trading regime is bad news for insurers

The temporary suspension of the regime could serve to increase the size of claims against directors and will make risk selection and underwriting much more challenging for carriers

Regulation United Kingdom

Regulation will drive insurtech development in Europe

The US regulatory system must come to terms with insurtech innovation or risk losing out to the UK and the EU

Insurtech Regulation
See All

Latest From Focus

Focus: The seafarer crisis is a challenge for the marine sector, including insurers

Shipowners and their insurers will very likely face claims from seafarers

Focus Coronavirus

Focus: Modern slavery is a reputational issue for the cargo insurance market

In the same way that many insurers now refuse to insure coal mines and oil pipelines, the new cargo clause will ensure that the market does not knowingly facilitate slavery in any form

Focus Marine

Focus: There is a silver lining to the dark cloud of Covid-19 for the marine market

Despite the pandemic, clear opportunities are emerging for carriers focused on risk selection and sustainable pricing

Focus Marine
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