Author: Jakki Green
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 [...]
Middle East crisis highlights risks for aviation insurers, warns WTW
Tensions in the Middle East have inevitably dominated discussions in the airline insurance market since the outbreak of hostilities between the US and [...]
Intensifying floods and droughts highlight new era of climate risk, warns Aon
Projections from Aon’s Climate Risk Monitor indicate increased risk of extreme precipitation and flash flooding over most of Africa, with countries in [...]
Insurers must have support if they are to close the protection gap, finds IDF
Increasing insurability is a necessary condition for closing protection gaps—but it is not sufficient on its own, agreed delegates at a forum convened [...]
Demand for political risk insurance growing in view of Middle East crisis
The US-Israel war with Iran is destabilising much of the surrounding Middle East, with businesses such as hotels, data centres and pipelines facing he [...]
History repeating as water systems become casualties of modern war
Conflicts around the world are once again placing vital water infrastructure at risk, raising fears that millions of civilians could be left without a [...]