Three specialist firms in the insurance industry will create a secure InsurTech platform that will support cryptocurrency investors in insuring crypto risk.
AIG has joined a taskforce established by The Geneva Association to develop and hone climate risk assessment methodologies and tools for the insurance industry.
China has made "decisive achievements" in preventing and addressing financial risks in its banking and insurance sectors, the country's top banking and insurance regulator has said.
Climate change will increase the frequency of flash droughts in India, which will have a negative impact on country's agriculture and irrigation according to a new study by Indian Institute of Technology (IIT) Gandhinagar.
Aon in a new collaboration with risk analytics company Praedicat, will develop a range of specialist liability reinsurance solutions to address product liability risks including nanomaterials and 5G.
Insurance brokers should recognise the reputational risks they face and tackle these issues head-on, according to the latest report of the Society of Insurance Broking (SIB).
Major US insurance companies still have nearly $90bn invested in coal, which is the single biggest contributor to anthropogenic climate change according to a new research report released by Rainforest Action Network in February 2021.
The CBIRC has released and implemented a new regulation covering responsibilities for safeguarding the reputational risk of insurance companies and banks.
As society becomes increasingly digital savvy, more and more people are turning to online reviews on rating sites, social media and online forums. This has led to a swell of reputational risk for businesses and organisations as many of these ratings and sites can be easily manipulated.
Lloyd's has announced the results of its 2020 annual culture survey, which is designed to track the market's collective progress towards a more inclusive environment and identify areas that need specific attention and action to drive culture change.