Viewpoint: Innovation Trends Through the Lens of Qorus-Accenture Innovation Awards August 1, 2023 By Kenneth Saldanha and Anna Benetto The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together...
Aircraft Lessors Aim for June 2024 Trial Over Contested Russia Insurance Claims August 1, 2023 Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June...
Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter August 1, 2023 By L.S. Howard Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model...
Wildfire Risk Climbs for Spain as Heat Wave Moves to Iberia July 31, 2023 By Eamon Akil Farhat and Paul Tugwell The focus of Europe’s heat is switching to Spain, with a high risk of wildfires in southern parts of the...
People Moves: Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding Lee; MS Amlin Names Ross From Sedgwick as Product Recall Senior U/W July 31, 2023 This edition of International People Moves details appointments at Lockton and MS Amlin. A summary of these new hires follows...
EU Companies Get New ESG Rules Aimed at Addressing Climate Risks July 31, 2023 By Frances Schwartzkopff Tens of thousands of companies operating in Europe face new requirements to report their operations’ ESG impacts as the European...
Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh July 31, 2023 Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh,...
Update: Burning Car Carrier Off Dutch Coast Towed Away From Shipping Lanes July 31, 2023 A burning car carrier off the Dutch coast has been towed to a new location away from shipping lanes as...
Extreme Weather Risks May Make Parts of the World ‘Uninsurable’ July 31, 2023 By Rodrigo Orihuela and Anna Edwards Soaring global temperatures may make large parts of the world “uninsurable,” according to Spain’s largest insurance firm. Climate change “has...
People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance July 28, 2023 This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint. A summary of these new hires...