Emerging risks
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After a challenging period, the industry is now earning above its cost of capital.
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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.
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The biggest riser in this year’s Allianz Risk Barometer was climate change.
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It is targeting $25mn GWP this year and $50mn GWP in 2025.
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This year’s top-line growth will be a decade-high.
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Risk managers are increasingly concerned about insurability.
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Marko Ninkovic, Head of Claims Specialty at Brit, explains the growing challenges of war risk claims and modern piracy at the International Association of Claims Professionals Conference in Orlando.
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CEO of WTW’s Corporate Risk and Broking for North America, discusses the transformation in operations, diversity, and talent strategy.
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Listen in as Luis Prato, president of the UK and MENA for Liberty Specialty Markets, discusses the role of London within Liberty’s global business, the future strategy of the carrier, and the art of risk selection as a driver for performance.