Underwriters and brokers must work together to enhance their understanding of the main emerging cyber risk areas and the insurance solutions required to address them

Property, aviation and liability accounts driving improvements

RiverStone will take over management of 2017 and earlier years of account

Firm continues build-out of Nexus Specialty division

Nicola Major has been promoted from delegated underwriting audit manager

AIR pegs total cost of the storm across several countries at between €1.1bn and €1.9bn

London market aviation, marine and financial lines could see claims

As underwriters of risks and as investors, insurers will be at the forefront of the fight against climate change – regulators, policymakers and pressure groups will make sure of it

Insurers ought to vet the activities of insureds very carefully as laws surrounding cannabis change

Latest DoJ figures reveal Asia accounted for almost 95% of fines under the Foreign Corrupt Practices Act

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

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

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

With the implementation of the IMO’s cyber guidelines less than a year away, there remains a high degree of misunderstanding in the market about the threat posed by cyber risks to the marine and shipping infrastructure

Climate change is altering the geographical distribution and incidents of infectious diseases from a livestock perspective and will continue to do so

Clubs should look carefully at the wide variety of risks facing the sector when making pricing decisions

In the aftermath of the coronavirus, event organisers may have to consider purchasing communicable disease insurance as an essential, rather than as an optional cover

While the outlook for 2020 is looking more positive, key industry sectors in the UK continue to face a heightened risk of insolvency and non-payment

In the aftermath of the coronavirus, event organisers may have to consider purchasing communicable disease insurance as an essential, rather than as an optional cover

Underwriters have reason to be concerned about more than just the risk of Chinese spying – the technology brings new risks to key business processes.

Insurtech failures are not without consequence. Besides the lost investment, many of these insurtechs had paying customers, sold technology licences and some will have sold policies

Questions about the viability of the transatlantic data protection agreement raise serious issues about data privacy liability for corporates and their insurers

The changes which have been implemented in recent years indicate how flexible the clubs can be in responding to new realities

In the aftermath of the coronavirus, event organisers may have to consider purchasing communicable disease insurance as an essential, rather than as an optional cover

The main obstacle to change in the P&I sector is the decision-making process within the International Group where every one of the 13 clubs, regardless of their size, has the same vote

Underwriters and brokers must work together to enhance their understanding of the main emerging cyber risk areas and the insurance solutions required to address them

The sector can emulate the example of other complex industries that have streamlined their transaction processes, but success will depend on collaboration with key stakeholders