A new report by Lloyd's of London will help insurers and risk managers navigate the significant overlap between geopolitical risks and climate change.
A recent survey conducted by Chubb Insurance and not-for-profit risk management company TechAssure has highlighted how the COVID-19 pandemic has shaped the technology and life sciences clients' approach to major business challenges and risks.
The Federation of European Risk Management Associations (FERMA) has submitted a final text on Solvency II to the French presidency of European Commission (EC).
Two-thirds of executives participating in a research study said their companies are 'very concerned' about climate change, and 79% believe the world is at 'a climate change tipping point'.
One third of insurance professionals participating in a survey feel gaining the right skills and knowledge to best serve customers is the biggest challenge they face in the year ahead.
Global challenges, such as technological advances, climate change and COVID-19, have had a profound impact on the way insurance underwriters write risks according to the Society of Underwriting Professionals of Chartered Insurance Institute of UK.
"Co-opetition" (i.e., competing and collaborating at the same time) will become a mainstay of insurers' strategies as they build ecosystems and deal with convergence with other sectors, says global professional services firm EY.
Bermuda (re)insurers should return to underwriting profitability in 2021, as combined ratio improvement and continued premium rate increases more than offset increased catastrophic losses, Fitch Ratings says.
John Foord, the insurance-focused global asset valuation specialist, has launched a cloud-based platform providing insurers and reinsurers, in addition to asset owners and financiers with instant, highly accurate and real-time reinstatement and valuation costs for commercial and industrial fixed assets.
The Industry and Regulators Committee of the House of Lords has launched an inquiry into the regulation of the London market - the UK's commercial insurance and reinsurance market.