Business

ECIC Warning on Carillion Debts to Smaller Suppliers

ECIC, the specialist insurer for the mid-size construction and associated trades is warning regional brokers that many of their customers could be facing financial difficulties and possibly failure as part of the fall-out from the […]

Emerging Risk

Changing Face of Product Recall Risks Analyzed by Allianz

Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer […]

Emerging Risk

GlobalData Sees Travel Insurers Take a Knock After Monarch Collapse

The disruption of Ryanair flights was one of the biggest shocks the airline industry  experienced in 2017, however the collapse of Monarch Airlines arguably superseded this, with over 750,000 holiday bookings being cancelled. Monarch’s demise was […]

Emerging Risk

LV Warning on Internet of Things Fraud

The internet of things brings new opportunities for the insurance industry to assess risk, price more accurately and detect more fraud, but it also gives fraudsters new creative ways to commit fraud against us. Leading […]

Emerging Risk

Microinsurance Growth in Developing Economies

More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million in Gross Written Premiums, estimates a new study on The […]