Fire on Massive Car Transport Ship, Felicity Ace, Is Likely Extinguished February 25, 2022 By L.S. Howard The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and...
Startup MGA Rising Edge Targets Low-Layer D&O Business February 24, 2022 By L.S. Howard The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh February 2, 2022 By L.S. Howard Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in...
Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon January 26, 2022 By L.S. Howard Natural disasters cost global economies a total of $343 billion in 2021, compared with $297 billion in 2020, according to...
In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline January 20, 2022 By L.S. Howard Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting...
‘Cybersecurity Failure’ Named a Critical Global Threat in WEF Survey Report January 13, 2022 By L.S. Howard “Cybersecurity failure” was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum’s Global...
UK Personal Lines Insurers Adjust to New Pricing Rules. Is Premium Volatility Ahead? January 6, 2022 By L.S. Howard UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...
Top 10 International Insurance Journal Stories of 2021 December 30, 2021 By L.S. Howard For the third consecutive year, the tale of Aon’s on-again, off-again bid to acquire Willis Towers Watson dominated international stories...
Found in Space: How Skytek Tracks Supply Chain Risks—and More December 29, 2021 By L.S. Howard Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events...