Emerging risks
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After a challenging period, the industry is now earning above its cost of capital. -
Panellists agreed a soft market should not dampen product development.
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The executive said the market will be revolutionised by digital technology.
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The charity said that improved ecosystems could help protect from disasters.
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Rate decreases are often in double digits, but high loss trends and systemic risk persist.
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The class offers affirmative coverage for gaps in traditional insurance policies.
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New sources of capacity lack the expertise to service rapidly developing clients.
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Small modular reactors are increasingly viewed as a means of meeting surging energy demand.
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The recent Iumi conference highlighted the impact of waning globalisation and tariffs.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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Property MGA Arden Insurance Services specialises in multi-family habitations.
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Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
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The MGA has secured Lloyd’s paper to write crypto theft insurance.
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Politically related exposures are growing for the marine market.
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The broker called on carriers to expand coverage into new specialisms.
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The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.
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The CEO transition is already visible in messaging on growth as rate change picks up.
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Are intermediaries facing tougher times as the broking supercycle winds down?
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The group said corporations face geopolitical and climate risk.
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Risk managers at last week’s Axco summit said interconnected global risks require flexibility.
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Insolvencies caused by the tariffs could also cause increased losses
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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The MGA’s US clients will now have access to London market capacity.
