30% of Business Leaders Say Global Political Risk Is Their Biggest Threat April 29, 2024 By Jahna Jacobson Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32%...
Markets/Coverages: Lloyd’s Announces 1st 144A Cat Bond on Its London Bridge Platform January 8, 2024 Lloyd’s, the re/insurance marketplace, announced that the first 144A catastrophe bond has been issued on its risk transformation platform London...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots December 7, 2023 By Carolyn Cohn and Noor Zainab Hussain Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the...
Business Execs Report Growing Employer, ESG Risk Concerns: Beazley December 1, 2023 By Allen Laman According to Beazley’s Spotlight on Business Risks report, 22% of global executives reported employer risk as the top business risk...
Lloyd’s in Talks With UN Over New Black Sea Grain Insurance Cover: CEO Neal September 8, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a...
Business Leaders Appear Less Concerned by Cyber Risk: Report July 18, 2023 The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on...
Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley June 16, 2023 Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Markets/Coverages: Beazley Updates Primary U.S. Public D&O Offering April 3, 2023 Specialist insurer Beazley has announced a refreshed Primary U.S. Public D&O wording, available both in the London Market and on...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...