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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

Covid-19 shines spotlight on future of PPL

The pandemic has significantly sped up the drive towards electronic trading, raising for Lloyd’s the critical question of what to do about PPL

Market Modernisation Coronavirus

ID Comment: Quant syndicate will sharpen Brit's edge in market's lead-follow reforms

Successful launch could give Brit a competitive advantage alongside other early moves such as Beazley

ID Comment Lloyds

Brit to launch ‘fully digital’ follow-only syndicate Ki

Ki will launch in collaboration with Google Cloud in 2021

Lloyds Brit
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Latest From Distribution

Nexus makes appointment to US financial lines team

Bruce Simmons joins from MGA Zon Re

North America Distribution

Aon launches intellectual property MGA

Broker says it is ‘investing aggressively’ in the intellectual property sector

Aon Specialty

Dual acquires New Zealand coverholder

Becomes largest specialty underwriting agency in the country 

New Zealand Distribution
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Latest From Losses

ID Comment: The worst is yet to come for Covid-19 claims

The industry has some clarity regarding exposures in certain classes but the virus’s impact on many lines of business remains clouded by uncertainty

ID Comment Coronavirus

Covid-19 Claims: Broad business interruption wordings may prove costly for UK insurers

Covid-19 has highlighted the need for clarity regarding BI coverages in property policies

Coronavirus International

NOAA expects ‘above-normal’ 2020 hurricane season

Other forecasting agencies are also predicting an active hurricane season

Property Losses
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Latest From Legal focus

Legal Focus: German court rules against insurers on Covid-19 and BI

Business closure initiated by the hotel operator could be covered by business interruption insurance

Property Legal focus

Legal Focus: D&O risk will grow as lockdown eases

There is a growing threat of claims against directors and officers and the possibility of increasing claims costs for insurers as the coronavirus pandemic wanes

Legal focus Coronavirus

Legal Focus: UK’s collective proceedings orders tested in Supreme Court

Decision will have far-reaching consequences for insurers 

Legal focus United Kingdom
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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: Club correspondents on the frontline as PI sector steers way through pandemic

Correspondent networks have been essential to the ability of P&I Clubs to maintain service levels  despite the significant restrictions imposed on the maritime industry as result of the pandemic

Coronavirus Marine

Viewpoint: The industry must better explain what it has promised if is to retain trust during the pandemic

The Covid-19 pandemic could be the biggest insured loss ever. Yet we face mounting criticism of our industry’s response. If we are to retain trust in our sector, we must explain that we are not in the habit of making promises we cannot keep

Viewpoint Coronavirus

Viewpoint: Insurance business continuity is the key to survival in uncertain times

New digital workflows and service delivery systems must have the resilience to deal with the threats and to accommodate the stresses and strains of transactional activity under lockdown

Technology Resilience
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Latest From Claims Management

Insurers wrestle with reputation challenge of Covid-19

Senior management must raise its communication game if it is to avoid long-term damage to the sector’s image

Claims Management Coronavirus

Focus: Vigilance is as important as technology in fighting property fraud

Insurers must remain vigilant both at the claims and the underwriting stages as fraud continue to rise, despite the technologies and other measures in place

Focus Claims Management

US motor loss severity likely to rise despite pandemic’s impact on claims frequency

Aggressive rate actions have improved US motor insurers’ bottom lines, but regulatory action resulting from Covid-19 could affect renewals, policy cancellations and forced coverage

Coronavirus Claims Management
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Latest From Risk Management

Five ways Covid-19 has shifted the risk landscape

A new World Economic Forum study has outlined how businesses view of the risk landscape has been changed by Covid-19

Coronavirus Risk Management

Professional indemnity risks must be reassessed in the light of Covid-19

Exposures will look very different for property surveyors, financial auditors and their insurers in a world transformed by the pandemic

Risk Management Coronavirus

Viewpoint: Insurance solutions must be more flexible as terrorism risk evolves

There is a need for greater dialogue between risk carriers, brokers and insureds about how best to structure terrorism cover for businesses of different sizes in different sectors and territories

Risk Management International
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Latest From Technology

Hot/cold storage paradigm 'no longer relevant' to crypto risk underwriting

The market does not necessarily understand the full complexity of the risks involved in the storage of cryptoassets

Technology International

Tremor auctions reach $100m a week

Company hits milestone ahead of summer renewals

London Technology

Viewpoint: Insurance business continuity is the key to survival in uncertain times

New digital workflows and service delivery systems must have the resilience to deal with the threats and to accommodate the stresses and strains of transactional activity under lockdown

Technology Resilience
See All

Latest From Regulation

Legal Focus: Irish insurers reminded of financial crime responsibilities

Regulators expect insurers to maintain their vigilance for financial crime despite Covid-19 and home working

Ireland Regulation

Trading with North Korea 'will invalidate P&I cover'

International Group of P&I Clubs warns against doing business with the secretive country

North Korea United States

Legal Focus: Eiopa's Covid-19 reaction lays bare convergence challenges

The European Insurance and Occupational Pensions Authority has published a series of recommendations to help re/insurers tackle the pandemic

Europe Legal focus
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Latest From Focus

Viewpoint: Covid-19 could radically transform the commercial property market

There is an urgent need for enterprise-wide strategic analysis of the impact of perils, including pandemics, cyber and climate change, on the commercial property market

Focus Property

Focus: W&I insurance can be a vital part of real estate transactions

The advantages provided by warranty and indemnity cover go beyond mere risk transfer

Focus Property

Focus: Vigilance is as important as technology in fighting property fraud

Insurers must remain vigilant both at the claims and the underwriting stages as fraud continue to rise, despite the technologies and other measures in place

Focus Claims Management
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