COVID-19 has shown that pandemic-related business interruption (BI) is directly linked to the decisions of governments to implement lockdown measures, making it impossible for insurers to model and price such a risk. As such, BI risk is uninsurable by insurers alone, said a report from the Geneva Association.
The Association of British Insurers (ABI) has launched a free online mental health training platform for improving the level of understanding of mental health in customer-facing roles.
There is a major move online by the consumers for the insurance purchase process for personal products like life, health, and property and casualty insurance according to a new survey conducted by Society of Insurance Research (SIR).
Directors and officers face increased risks from 'grey swan' risks, with shareholders on average losing 26% of value in their holdings in the year following reputation crises caused by such events according to a new report from Aon and Pentland Analytics.
Aviva has launched a comprehensive cyber insurance proposition on Fast Trade, its proprietary trading platform powered by Acturis, designed for small to medium enterprises (SMEs) to help combat the increasing threat of digital crime.
Most of the senior security executives (97%) globally feel that cyber attackers are increasingly trying to steal one or more types of credentials.
Cyber threats against industrial control systems are again on the rise according to a new report by cyber security firm Kaspersky.
ASX-listed Steadfast Group, the largest general insurance network in Australasia, has increased its shareholding in unisonSteadfast, the largest global network of independent insurance brokers, to a majority stake of 60%.
Guy Carpenter has announced the appointment of Anthony Cordonnier as managing director and global co-head of cyber, effective the second half of 2021, and the promotion of Erica Davis to global co-head of cyber, effective immediately.
Munich Re Syndicate (MRS) Labuan has launched a retakaful window, making it the first and only retakaful syndicate on the Labuan platform.