Author: Jakki Green
New parametric wildfire solution launched by Liberty
Liberty and ICEYE, a provider of sovereign intelligence from space, have launched pioneering building-level parametric wildfire insurance solution.
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Ecobank launches first commercial bank nature bond to protect African biodiversity
Ecobank Group has launched the world’s first ICMA commercial bank-issued nature bond on the London Stock Exchange, creating a new route for internatio [...]
Nearly 75% of aviation insurance professionals rank geopolitical instability as biggest threat, warns IUAI
Geopolitical instability, US claims inflation and supply chain disruption emerge as defining concerns for the aviation insurance market, according to [...]
Insurance brands grow at fastest rate in five years, says Brand Finance
Insurance brands are staging their fastest growth in five years, with the world’s top 100 reaching a combined US$606.7 billion in brand value, up 14% [...]
AI is outpacing governance systems, warns Willis
Artificial intelligence (AI) is rapidly reshaping how risk is understood, priced and managed, but the rate of adoption is outpacing existing AI govern [...]
LMA mulling over new standard war risk clauses
The marine market could soon see new standard war risk clauses after the Lloyd’s Market Association said it was considering a major rewrite of the cla [...]
Political risk driven by economics, not war, finds Willis
Political risks driven by economic policy still outweigh those from international conflict, according to the ninth annual Political Risk Survey from W [...]
Inaccurate risk assessment remains top barrier for cyber insurance underwriting, finds GlobalData
Appetite for offering cyber insurance remains mixed, as difficulties in assessing risks create challenges in ensuring profitability, according to a ne [...]
New partnership to identify evolving natcat threats to support insurers
Willis has agreed a scientific partnership with researchers at Cornell University and the Atkinson Center for a Sustainable Future to identify evolvin [...]
Risk managers launch initiative to support financing climate risk
The Federation of European Risk Management Associations (FERMA) and the World Business Council for Sustainable Development (WBCSD) have announced a jo [...]