Risk Management
FCA to draw up strategy on older consumers
The Financial Conduct Authority has released a paper to spark debate on how to better address the needs of the UK’s ageing population.
Former Towergate CRO joins Aon
Former Towergate group chief risk officer Keith Jackson has joined Aon UK as CRO.
Europe: Talking Turkey on cyber risks
Following recent cyber attacks - purportedly carried out by hacktivist group Anonymous, there is growing understanding of the value of covering cyber liabilities.
Penny Black's Social World - 18 February 2016
All the latest news from the worldwide web
Legal Update: Time for insurers to get ready
A growing number of cyber incidents means insurers must prepare strategies to deal with a range of new business interruption liabilities.
Intellectual Property: Protecting bright ideas
It is a sad fact that most businesses only appreciate the value of intellectual property insurance once it is too late. So why is it vital?
Editor's comment: Be prepared
With the very definition of insurance being something that provides protection against a possible eventuality, I like to imagine that all insurers must have been scouts.
SME flood scheme to prove 'challenging' to implement despite government talks
Efforts to establish an affordable flood insurance solution for small businesses are ongoing at industry and government level, despite concerns that creating a Flood Re type scheme for SMEs will be “fundamentally challenging”.
Industry will have time to deal with business implications of Brexit
Market commentators are divided over whether it is too early to start contingency planning ahead of the planned referendum on the UK's membership of the European Union, despite a senior Lloyd's official warning the sector to be prepared for all possible…
Blog: A rose by any other name still needs insurance
Love is in the air and behind the scenes, risk management and trade receivables insurance are facilitating the delivery of roses which so many choose to give.
Quiz of the week – 12 February
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Winter storm learnings key for Flood Re's future
Learning from the December 2015 floods and longer term data trends will be key to making Flood Re a success, according to its CEO Brendan McCafferty.
XL Catlin partners with Ventus on SME offering
XL Catlin has partnered with Ventus Risk Management to allow the managing general underwriter to provide commercial property insurance for SMEs.
Editor's Comment: Gaining an equal footing
I believe that women are – and should be treated as – intellectual and social equals to men.
Aon international broking revenue falls 10% to $2.76bn despite organic gains
Aon has today reported its international broking arm – which includes the UK – saw revenue fall 10% to $2.76bn (2014: $3.05bn) in 2015. A figure that jumps to 12% less currency impact.
Flood losses caused by storms Eva and Frank hit £526m
Insured property market losses resulting from flooding caused by storms Eva and Frank in December and from further low pressure systems last month totalled £526m, according to the catastrophe insurance data firm Perils.
Tianjin claims expected to rise above $5bn, says IUMI
Insurance industry losses from the explosion at China's Tianjin port could rise above $5bn (£3.43bn) according to an industry expert.
Industry urged to flag implications of stricter health and safety rules
Allianz Commercial has highlighted the role of insurers and brokers in ensuring clients are fully aware of their health and safety responsibilities in light of the introduction of stricter sentencing guidelines.
Munich Re releases €1.4bn of reserves as it records €3.1bn profit despite Ergo struggles
Munich Re this morning reported a consolidated profit of €3.1bn (£2.5bn) (2014: €3.2bn) for 2015 on gross written premiums of €50.4bn (2014: €48.8bn).
Axa invests in 'pioneering' blockchain technology specialist Blockstream
Axa Strategic Ventures, the €230m (£175m) venture capital fund set up by the French insurance giant, has today announced it is co-leading a $55m (£37.5m) Series A funding round for Blockstream.
UK cyber market to resemble US amid tougher EU penalty regime
The UK insurance market is expected to increasingly follow its US counterpart as incoming EU legislation substantially toughens up penalties for data breaches.
C-Suite - Broker: Take my advice
The role of today’s broker goes beyond simply selling policies.
Risk Management: What next for risk?
There remains regulatory pressure on insurers despite Solvency II models gaining approval.
Quiz of the week – 15 January
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.