Terrorism
Cameron: Cyber crime solution needs insurance industry input
The insurance industry and the UK government need to work together on cyber crime and travel risks, former Prime Minister David Cameron said in his keynote address to the British Insurance Brokers’ Association conference.
Lancashire Holdings sees GWP fall in the first quarter
Lancashire Holdings saw a 22% drop in net operating profit in the first quarter of 2017, down to $25.2m (£19.56m) from $32.4m for the same period in the previous year.
Blog: Driverless cars, potential for cyber mayhem?
Nothing is truly resilient against hacking. There’s always a trade-off between utility and the cost of protecting those systems according to Mark Hawksworth, technology specialist practice group leader at Cunningham Lindsey.
This Month in Post: Rates, start-ups and fraud
Spring is in the air and it's a time well-known for cleaning out the old and starting anew. As I continue to unpack boxes and work out where to put all of the fairly useless things I have collected over the decades, the industry has been taking its own…
Terrorism and political risk threat increases worldwide
Businesses with domestic and international footprints face an increasing threat of terrorism risk as Western countries experience a sharp increase in such attacks, according to risk analysts.
ABI warns passengers affected by laptop ban on flights
Passengers affected by a ban on large electronic items in the aircraft cabin have been warned to check with their insurers before flying.
We Specialty and Hiscox collaborate on political risk
French managing general agency We Specialty has partnered with Hiscox to cover political violence, terrorism and political risk.
Riding into the danger zone
The nature of their work means journalists and aid workers are often running into danger zones while others are looking to get out. Both professions have significant need for insurance but have sometimes struggled to obtain the cover they need at a price…
Pool Re: The changing face of terrorism
The number of terrorist incidents on UK soil has dropped since Pool Re was set up, with Irish republican paramilitary attacks giving way to less frequent strikes by radical Islamic terrorists, however, the threat to the country remains as severe
China: The new silk road
China’s One Belt, One Road initiative is one of the most ambitious infrastructure projects the world has ever seen.
Catastrophe bonds: A good year for disaster
Catastrophe bonds were invented in the early 1990s to help insurance companies mitigate the risk of major disasters. With storms brewing both politically and environmentally, can the catastrophe bond market open new doors to insurers in 2017?
Talbot launches Lloyd's led terror facilities
Validus subsidiary Talbot Underwriting has launched three Lloyd’s led terror facilities in the Singapore, Latin American and Dubai markets.
Cyber and chemical terrorism are top threats facing business says Pool Re
The increased cyber capabilities and rise in the use of chemical agents by extremist groups are two of the emerging threats facing UK business in 2017, according to Pool Re.
Insurers must promote terrorism insurance outside of cities: Pool Re
Insurers must promote terrorism insurance to small and medium size enterprises and those outside of London, according to the latest threat report from Pool Re.
Hiscox rolls out new security incident response policy
Hiscox has launched a new security incident response policy to protect SMEs against terrorism, bribery, extortion and industrial espionage.
Live cover: There's no business like show business
The media has helped to publicise the importance of live event promoters having insurance to safeguard against shows having to be cancelled or abandoned due to unforeseeable events.
Interview: Harsha Agadi, Crawford & Company
As Crawford ‘outperforms expectations’ in terms of growth, Michèle Bacchus speaks with CEO and president Harsha Agadi about his plans for the company
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
SMEs will be hit hardest by a UK terror attack
Small and medium size enterprises will be hit hardest in the event of a terrorist attack in the UK, according to Pool Re’s Quarterly Threat Report.
Insurers 'must adapt lines to changing terrorist threat'
Insurers must create new lines of cover to protect against the changing threat of terrorism, according to a new report.
Articulating terror risks with construction policies
As the areas affected by war and terrorism expand, the number of risks seeking insurance in those regions is increasing.
AIG raises property terrorism limits to $1bn
American International Group has raised its property terrorism insurance limits globally to $1bn (£800m).
Pool Re launches international terrorism risk body
Pool Re has launched the International Forum of Terrorism Risk Reinsurance Pools.
Are travel insurers keeping pace with global terrorism?
Terrorism has changed, and consumers are now expecting more from insurers