Cyber rates for European buyers drop 10% in Q2 2024: Marsh
Commercial Risk
by Sarah Jolly
4h ago
Cyber insurance rates for European buyers are on track to fall even further as Q2 draws to a close, according to broker Marsh, which said that as of today, rates for its clients are down 10% in the quarter, building on a decr… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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Amrae launches online tool for local government risks as it seeks to broaden reach
Commercial Risk
by Rodrigo Amaral
4h ago
The breadth of initiatives developed by France’s risk management association Amrae were on full display last week as the organisation hosted its annual research and training meeting in Paris. Members gathered at the Bois d… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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Progress on US insurers’ climate-related risk disclosures
Commercial Risk
by Tony Dowding
4h ago
Major US insurance companies are making progress in disclosing their climate-related risks and strategies, but significant gaps and disparities persist across the sector. This is according to a new report from US non-profit a… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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London’s marine cyber clause ‘robust’ in first months of rollout, say market representatives
Commercial Risk
by Sarah Jolly
4h ago
The London market’s new cyber clause for marine and upstream energy lines has been “robust” and “clearer for all sides” in the first eight months since it was rolled out, says the Lloyd’s Market Association (LMA) and the Inte… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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ADP, EDF and Forvia win Amae-sponsored risk management award
Commercial Risk
by Rodrigo Amaral
5h ago
Airport group ADP, energy giant EDF and automotive supplier Forvia were among the winners of a risk management award sponsored by Amrae and consultants EY in France. The 2024 Risk Transformation Awards also acknowledged ri… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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Lost trade from German port strikes could total $6bn: Russell Group
Commercial Risk
by Ben Norris
5h ago
Strikes at five German ports could cost up to $6bn in lost trade, according to estimates from analyst Russell Group. Port workers in Hamburg, Bremerhaven, Bremen, Brake and Emden began strike action on Monday for periods r… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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Arch Insurance hires Zurich’s Tous for EU unit
Commercial Risk
by Sarah Jolly
5h ago
Arch Insurance has appointed Roberto Tous as director of strategy & distribution for Europe. Tous will join Arch Insurance (EU), its specialist P&C insurer for the European Union, from Zurich Insurance, where he was h… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or subscriber you… Source ..read more
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Fusion Specialty expands partnership with HDI Global Specialty to Americas
Commercial Risk
by Tony Dowding
5h ago
A specialist MGA Fusion Specialty has expanded its global partnership with HDI Global Specialty SE to the Americas, adding further capacity for its R&W, Tax, and contingent insurance business. David Rogers, Fusio… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or subscriber you… Source ..read more
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New head of London Market, crisis management at Tokio Marine HCC – Specialty Group
Commercial Risk
by Tony Dowding
5h ago
Shaun Russ has been appointed as head of London Market, crisis management, at Tokio Marine HCC – Specialty Group, based in London. He will report to Mark Hutton, who was appointed as head of crisis management, international i… Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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Brazil closing in on law that many fear will curtail access to global reinsurance and innovation
Commercial Risk
by Rodrigo Amaral
7h ago
The Brazilian Senate has approved a bill set to usher in new insurance legislation that worries both corporate insurance buyers and reinsurance cedants. The bill, which was first proposed in 2017, will now go through what … Register for ultimate access to this article and ALL our premium content ULTIMATE ACCESS PROVIDES YOU WITH If you are already a registered user or… Source ..read more
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