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  • Can insurers handle systemic cyber risk?

    The industry must continue its efforts to address cyber risk better said AIG president and CEO Peter Zaffino, during an Aon fireside chat.

    AIRPlus | 21 Oct 2021
  • Wildfire risk score launched for Europe

    Global risk and reinsurance specialist Guy Carpenter has launched a wildfire risk score (WRS) designed to help clients manage their exposure to the evolving risk of wildfire across Europe.

    AIRPlus | 21 Oct 2021
  • London: Beazley launches Lloyd's first ESG syndicate

    Specialist insurer, Beazley has received in-principle approval from Lloyd's to establish Syndicate 4321 from 1 January 2022. Once fully approved, the syndicate will focus exclusively on offering additional capacity to businesses that perform well against ESG metrics.

    Asia | 21 Oct 2021
  • Nat CAT: Descartes Underwriting & ICEYE form partnershipj

    Descartes Underwriting, the largest independent parametric-specialised firm, has formed a partnership with ICEYE, a leader in persistent monitoring and provider of flood hazard data.

    Asia | 21 Oct 2021
  • US: Employer medical costs projected to increase by 5% in 2022

    Costs for large US employers that pay for their employees' medical care will increase on average 5% to more than $13,000 per employee in 2022 according to insurance broker Aon.

    AIRPlus | 20 Oct 2021
  • Lloyd's first ESG syndicate launched

    Specialist insurer Beazley has received in principle approval from Lloyd's to establish the first ESG Syndicate 4321 from 1 January 2022.

    AIRPlus | 20 Oct 2021
  • Digital transformation and technology are biggest operational risks

    Digital transformation and technology rank as the biggest concern for global banks and insurers in the 2021 operational risk scenarios report published by ORX, the world's largest operational risk association.

    Asia Risk | 20 Oct 2021
  • US: 18 weather events each with $1bn losses up to September 2021

    US weathered 18 weather and climate disaster events with losses exceeding $1bn each across the country till September during 2021.

    Asia Risk | 20 Oct 2021
  • Global: Companies need to strengthen cyber controls

    A new report by Allianz Global Corporate & Specialty (AGCS) identified five trends in the ransomware space, although these are constantly evolving and can quickly change in the 'cat and mouse' race between cyber criminals and companies.

    Asia Risk | 20 Oct 2021
  • Global: Third-party cyber risks: A 'glaring blind spot'

    A majority of companies don't have a handle on their third-party cyber risks - risks obscured by the complexity of their business relationships and vendor/supplier networks according to PwC 2022 Global Digital Trust Insights Survey.

    Asia Risk | 20 Oct 2021

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