Chris Burgess, Director of Cyber at Markel International,...
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UK’s financial regulator to relax rules for pushing insurance to large companies
The changes aim to better differentiate big corporates from smaller...
Wildfires and floods cause billion-dollar economic loss in Asia Pacific in the first quarter of 2025: Aon Report
George Attard, CEO for Reinsurance Solutions for APAC , Aon In the...
UN appeals for record $51.5 billion to help 230 million on the brink in 2023
At least “222 million people … will face acute food insecurity in 53 countries by the end of this year. In 2023, 45 million people in 37 countries risk starvation, according to the Global Humanitarian Overview Numerous countries had been hit by lethal droughts and...
Martin Zschech to lead Global Industry Solutions & Client Management team at AGCS
Global Industry Solutions is a key part of the NEW AGCS strategy. It creates an industry-led sales model for AGCS targeting specific industry segments, with GIS Directors as single points of contact to drive solutions across all Lines of Business and other Allianz...
Yellen says appropriate for U.S. firms to assess China geopolitical risks
`` But we are seeing a range of geopolitical risks rise to prominence, and it's appropriate for American businesses to be thinking about what those risks are." said U.S. Treasury Secretary Janet Yellen Yellen also said China's persistent COVID-19 lockdowns were...
Rising inflation, falling wages threaten increased poverty and unrest: ILO
“Income inequality and poverty will rise if the purchasing power of the lowest paid is not maintained,” he said. “In addition, a much-needed post-pandemic recovery could be put at risk. This could fuel further social unrest across the world and undermine the goal of...
SCOR completes a £1.7 billion longevity transaction with Balfour Beatty Pension Trust
Frieder Knüpling, SCOR, CEO Life & Health, said: “This transaction underlines SCOR’s strong appetite to deliver longevity solutions to our clients. Recent world events have brought life and health risks into sharp focus and now, more than ever, we are seeing...
Global regulators to target crypto platforms after FTX crash
“The sense of urgency was not the same even two or three years ago. There are some dissenting opinions about whether crypto is a real issue at the international level because some people think that it’s still not a material issue and risk.Things are changing and due...
AGCS to boost Alternative Risk Transfer team
With a realigned risk appetite and underwriting strategy, ART will target growth opportunities in two major areas: first, captive solutions including captive fronting, and second in the area of structured solutions, which are multi-year, multi-line coverages,...
Activists aggravate art insurers’ climate headache
“At the moment it’s just climate change activists, who are mainly middle-class liberals and are not really intending to damage the work,” said Robert Read, head of art and private client at insurer Hiscox. “What we worry about is if it spreads to other protest groups...
Markel International merges professional and financial risks with an expanded cyber team
The decision to merge the two divisions is part of the wholesale business’ efforts to simplify the trading experience for its broking partners and make its product offerings to insureds as innovative, comprehensive, and relevant as possible, in a fast-moving and...
US bans Chinese telecom devices on data-security risk
These new rules are an important part of US government's ongoing actions to protect the American people from national security threats involving telecommunications Huawei Technologies Co. and ZTE Corp. were banned from selling electronics in the US by regulators who...