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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

Lloyd's plans for multiple e-trading platforms raise questions for the market

Standardisation of platforms and their ability to function across numerous markets will be be critical 

Technology Market Modernisation

Lloyd’s must be clearer about Blueprint Two technology standards

There are fears if technology initiatives are devised in isolation, they will not align with the Lloyd’s vision of a digital ecosystem

Technology Market Modernisation

Viewpoint: Lloyd’s and the company market must share the cost of modernisation

Expanding the technological changes and new standards at Lloyd’s into the company market will spread the cost burden and increase the relevance of market modernisation

Technology Market Modernisation
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Latest From Distribution

Carbon expands underwriting team

Trio of executives arrive at company

People moves Lloyds

Viewpoint: Covid is driving insurtech adoption in Latin America

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

Insurtech South America

Arch provides capacity to US cyber MGA Coalition

Partnership expands insurer's cyber portfolio 

United States Arch Capital
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Latest From Losses

Perils lowers UK 2020 flood loss estimate

Pegs final estimate for February floods at £368m

United Kingdom Property

Perth fires loss estimated at A$60m

ICA estimate emerges as Western Australia clears up damage

Australia Claims Management

Insurers face up to $20bn loss from Texas Big Freeze

State Farm, Allstate and USAA expected to bear brunt of losses 

United States Losses
See All

Latest From Legal focus

Legal Focus: Opportunity knocks in Brazil for international reinsurers

The Brazilian reinsurance market is about to see a major widening of international access, despite some spurious court actions

South America Legal focus

Legal Focus: Market should brace for a surge of data breach claims in 2021

The cost of data breaches to insurers will only rise as claimant law firms, incentivised by the economies of scale available, increase their focus on this area over the coming year

Legal focus Regulation

Legal Focus: Covid-19 gives artificial intelligence a boost

Despite the potential offered by AI, insurers should recognise the primary risk remains human decision making

Legal focus Technology
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: P&I clubs need to factor future shocks into their pricing

With the P&I renewal season over, clubs faced some tough pricing decisions amid pressure to take into account both present and future challenges facing the market

Marine International

Viewpoint: P&I clubs must think in new and constructive ways to be sustainable

The longevity of the P&I club business model is based on sustainability, but sustainability also has an economic dimension in the form of realistic risk pricing

Marine International

Viewpoint: Hydroelectric claims increase pressure on regional construction market

The settlement of hydroelectric plant claims are inherently complex, but the challenges are multiplied in Latin America given the remote locations and abundance of threats

Claims Management Property
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Latest From Claims Management

Perth fires loss estimated at A$60m

ICA estimate emerges as Western Australia clears up damage

Australia Claims Management

Legal Focus: Australian bushfire case sets pattern on group actions

A recent case is set to change the way insurers deal with plaintiffs and litigation funders

Legal focus Property

Australian insurers launch second pandemic BI test case

ICA welcomes latest move

Australia Property
See All

Latest From Risk Management

James River swings to red on reserve strengthening

Company reports underwriting loss.

Bermuda Finance

Insurers warn against 'one size fits all' cyber resilience rules

European Commission’s proposed Digital Operational Resilience Act is ‘too prescriptive’

Europe Cyber

Allstate expects another $110m in wildfire subrogation recoveries

Recoveries come from multiple wildfires.

United States Allstate
See All

Latest From Technology

Focus: Technology will secure the future of the credit risk market

AI-driven underwriting will not only save costs, but also provide an unbiased assessment of a risk and improve the quality and the efficiency of the services provided by credit insurers

Focus Technology

Beazley forms digital business unit

Beazley Digital will consolidate insurer’s digital capabilities and portals

Beazley Technology

Legal Focus: Covid-19 gives artificial intelligence a boost

Despite the potential offered by AI, insurers should recognise the primary risk remains human decision making

Legal focus Technology
See All

Latest From Regulation

Legal Focus: Opportunity knocks in Brazil for international reinsurers

The Brazilian reinsurance market is about to see a major widening of international access, despite some spurious court actions

South America Legal focus

Legal Focus: Market should brace for a surge of data breach claims in 2021

The cost of data breaches to insurers will only rise as claimant law firms, incentivised by the economies of scale available, increase their focus on this area over the coming year

Legal focus Regulation

EU and UK working towards financial services plan

Two parties set March target date

Europe United Kingdom
See All

Latest From Focus

Focus: The market needs to change the way it views trade credit risk

Trade credit insurers will need access to better-quality risk data if they are to weather the future onslaught of claims once government support is lifted

Focus Political Risk and Trade

Focus: Technology will secure the future of the credit risk market

AI-driven underwriting will not only save costs, but also provide an unbiased assessment of a risk and improve the quality and the efficiency of the services provided by credit insurers

Focus Technology

Focus: Insurer reserves will fend off spectre of emerging market debt default

Despite the depth of the crisis, the insurance market is not expecting governments to fail, but multiple claims in multiple countries through defaults on individual contracts are expected

Focus Coronavirus
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