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News
Moody's sees record ILS capital funding riskier, harder-to-place perils
1+ week, 5+ day ago (617+ words) which described the sector as reaffirming its position as "a deep and resilient source of insurance risk...Moody's noted that pricing has compressed most sharply on remote tail-risk layers, where expected losses...run below 2%, while compressing less on higher-frequency,…...
Underinsurance often starts with the premium, not the peril
4+ day, 17+ hour ago (572+ words) Patrick Hunter (pictured), Pacific head of risk consulting at Lockton in Auckland, has spent his career...It is a process that begins with the premium and works backwards towards the risk, rather than the other...In proper risk consulting, he…...
Underwriters keep arriving after the risk has already been decided
1+ week, 4+ day ago (718+ words) The ABI is also pushing to expand the capital available to write the cover once those risks reach the...For brokers placing large and complex risks, earlier involvement could allow issues affecting capacity..."If we spot a significant hazard in…...
Gallagher Re launches Digital Risk Practice
3+ week, 4+ day ago (48+ words) Captive Insurance Times Gallagher Re launches Digital Risk...Practice Gallagher Re launches a Digital Risk Practice, bringing together specialist expertise in AI...liability, data centres, cyber and digital risk engineering to help insurers and reinsurers understand..., quantify and manage evolving…...
TPA transitions carry regulatory risk – and now there is proof
1+ week, 4+ day ago (644+ words) Insurance Business TPA transitions carry...regulatory risk – and now there is proof The compliance obligations attached to a self-insurer licence...Not because Aldi is unique, but because the regulator’s findings identify a compliance risk that sits...That audit returned an…...
Liberty Specialty adds free security consultation for political risk policyholders
6+ day, 11+ hour ago (401+ words) Liberty Specialty Markets has introduced a new benefit for eligible political risk insurance policyholders...-- a one-off advisory consultation with Blackthorn Risk Group, an independent security consultancy,...under its own engagement terms as high-level advisory guidance rather than a substitute for…...
Caster joins WTW as risk consulting manager
3+ week, 4+ day ago (36+ words) Captive Insurance Times Caster joins WTW as risk consulting...manager Mitch Caster joins WTW as manager for risk consulting and actuarial consultant, taking up the...
Data centres expose insurers to fire climate and cyber risks
3+ week, 4+ day ago (649+ words) -driven expansion of data centres is creating new construction, operational, climate and insurance risks...The report, The Data Centre Construction Boom: Risks and Claims Trends, said the investment is extending...Climate risk is also becoming a major consideration for the…...
Saudi Arabia Shields Supply Chains with National War-Risk Insurance Pool
3+ day, 21+ hour ago (1612+ words) Trade can grind to a halt before...costly or difficult to insure, or when markets are unable to provide adequate coverage for war-related risks...Against a backdrop of rising geopolitical risks in the region and their spillover into maritime traffic......
Insurance moves: Miller, Hampden Risk, Brecon, Willis and others
3+ week, 5+ day ago (775+ words) Brokers placing large or complex property risks internationally often need access to both London and...firm's commitment to delivering compelling options for clients with a clear focus on large and complex risks...Hampden Risk Partners' (HRP) Syndicate 2689 at Lloyd's has…...