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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
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Latest From Lloyds

ID Comment: No deal threat to Lloyd's Part VII transfer

Lloyd's is 'accelerating' its Brexit contingency plans, but a no-deal Brexit could foil its efforts to maintain contract continuity
Europe Brexit

Lloyd’s claims chiefs list brand and reputation as top concern

New LMA study finds straight-through processing and automation also high on agenda

Claims Management Lloyds

Lloyd’s still plans Central Fund ILS

John Parry says ‘timing was against us’ for getting ILS in place for January 2019, but insists Lloyd’s “will come back to it”

Europe Brexit
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Latest From Distribution

Aurous hires Qatar Re energy duo as it gears up for January 2019 launch

New international specialty reinsurance MGA Aurous has been launched by former BMS chief executive Carl Beardmore
International London

Focus: Unlocking the promise of Asia

There are significant opportunities for international insurers in Asia, but companies require a strategy tailored to the specificities of local markets

Distribution Asia Pacific

Broker facilities move to next stage of their evolution

Tracker facilities are at the centre of the struggle between brokers and insurers for control of the distribution network and the flow of third-party capital into the market, the head of Willis Towers Watson’s London market operations says
Distribution Specialty
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Latest From Losses

Osaka earthquake insured loss passes $840m

Earthquake hit Osaka on June 18 this year

Asia Pacific Japan

Allstate sees quarterly cat losses of $625m

This includes $177m in cat losses for the month of September, half of which are tied to Hurricane Florence
Allstate Losses

Everest and Argo expect Q3 cat losses of $240m and $25m

Hurricanes Florence and Jebi weighed on the results of both reinsurers
Argo Everest Re
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Latest From Legal focus

Legal Focus: Redefining insurable interest in the 21st century

The Law Commission is consulting on changes to the law governing insurable interest for life, health and accident covers
United Kingdom Legal focus

Legal Focus: UK court rules on E&O coverage disputes

Professional negligence claim against the broker should only be made in clearest of cases
Legal focus Casualty

Legal Focus: Courts must not support insurance fraud

A ruling by the Australian Court of Appeal has made clear courts must not be seen to award damages in fraudulent cases
Australia Legal focus
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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

ID Comment: M&A juggernaut continues to pick off reinsurers

The remaining independent names in the reinsurance sector are facing increasing pressure for consolidation
International Mergers and Acquisitions

ID Comment: US flood protection gap highlighted yet again

An estimated 70% of Hurricane Florence flood losses will be uninsured
North America United States

ID Comment: Learning from the uncertainties of the Hurricane Florence loss

Putting a number on the insured loss in the immediate aftermath of an event is a virtually impossible task. The industry would be better served by seeking to understand the uncertainties around the event that drive the range of estimates that appear



North America United States
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Latest From Claims Management

Legal Focus: UK court rules on E&O coverage disputes

Professional negligence claim against the broker should only be made in clearest of cases
Legal focus Casualty

Changing claims basis of solicitors' PI market would have 'huge ramifications'

Almost all of the Solicitors' Regulation Authority’s proposed changes to the indemnity insurance rules are regarded as misguided by the insurance industry, but there is some relief the SRA does not intend to make any changes to how the responsibility for paying claims are determined
Risk Management Claims Management

Davies Group adds latest acquisition

Claims and insurance services specialist acquires Direct Group’s claims business 

United Kingdom Claims Management
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Latest From Risk Management

Insurers look to climate risk to close protection gap

The Taskforce on Climate-Related Financial Disclosures is shining a light on the financial impact climate change poses to businesses across all sectors and the protection gap that exists today. This, some say, presents the biggest opportunity in years for the re/insurance market
Resilience Risk Management

Changing claims basis of solicitors' PI market would have 'huge ramifications'

Almost all of the Solicitors' Regulation Authority’s proposed changes to the indemnity insurance rules are regarded as misguided by the insurance industry, but there is some relief the SRA does not intend to make any changes to how the responsibility for paying claims are determined
Risk Management Claims Management

Viewpoint: The Palu tsunami tragedy holds important lessons for other cities

A series of factors left Palu particularly exposed to devastating tsunami and the industry needs to understand why
Losses Asia Pacific
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Latest From Technology

Greenlight Innovations adds to investment portfolio

Hedge fund reinsurer invests in digital insurance platform

Middle East and Africa Technology

Focus: Creating value in the US P&C market

The most successful companies are aggressively investing in technology to create value across their businesses
Focus North America

Viewpoint: Smart contracts are an opportunity for the London market to improve its international competitiveness

If London can harness smart contract technology then the cost savings for the market could be significant
Technology London
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Latest From Regulation

Global insurers call for two-year delay to IFRS 17

New accounting standard due to come into force in January 2021

International Regulation

Insurers must plan for climate change, UK regulators warn

The UK's financial services sector faces a big shake-up as a consequence of climate change

United Kingdom Regulation

UK proposes temporary permits for EU firms on no-deal Brexit

Around 1,300 EU firms would sign up to temporary permit proposal, FCA estimates
United Kingdom Regulation
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Latest From Focus

Focus: US court decision poised to impact underwriter liability

Threat of a significant increase in exposure if joint venture provision in energy industry claims does not apply to defence costs

Focus Claims Management

Focus: Opposition to restatement of liability insurance law grows more entrenched

Insurers, attorneys, regulators and lawmakers in the US are concerned the controversial reinterpretation does not accurately reflect the application of the law

Focus Casualty

Focus: Stress testing exposure in the US construction market

The growth in new construction projects in the US is welcome news for the London market, but the pressure on rates and the complexity of the exposures remain a challenge for underwriters


Focus Claims Management
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