King Abdullah of Jordan is entering a critical period for his regime, claims Elizabeth Stephens, Head of Credit and Political Risk Analysis for global insurance broker JLT. The conflict between government forces and the Free […]
The future of many hospitals, local authorities and charities is at stake as the UK faces an increase in major incidents, warns a new report out today. The Risk and Response report, produced by Zurich […]
Following the decision today by Standard & Poor’s to downgrade the security rating of Groupama Group, François-Xavier Boisseau, CEO at Groupama Insurances in the UK said: “Although as a Groupama subsidiary we are associated with […]
Insurers are preparing for the introduction of Solvency II by changing their approach to calculating capital adequacy requirements, according to a report out today. Conducted by the Economist Intelligence Unit, the latest edition of the […]
Sir Tim Berners-Lee has urged insurers to avoid the temptation of using increasing amounts of publicly available data about consumers on the web to price their products.
The inventor of the World Wide Web made a plea to the industry at the British Insurance Brokers’s Association conference in Manchester yesterday, requesting that information we share about ourselves on line – particularly by young people through social networks – should not be gathered for the purposes of pricing risk. […]
The Lloyd’s insurance market’s planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks, according to Fitch Ratings.
Fitch said it expects the economic development of emerging market economies to boost demand for insurance and reinsurance. Lloyd’s already writes 25% of its business outside of Europe and North America, with the growth of insurance premiums outpacing that of developed markets. […]
When Andrew Marr told delegates at the British Insurance Brokers’ Association 2012 conference that insurers have historically been mistrusted around Westminster, I wondered if he might be about to quote former PM Harold Macmillan by adding; ‘but you’ve never had it so good’.
The BBC political commentator opened his speech to a packed Manchester Central Auditorium with the suggestion that general insurers might have been unfairly lumped in with the life insurance market in gaining this poor reputation amongst the political class. […]
Global property insurance rates continued to firm in the first quarter of 2012, according to a report published today by Marsh. Despite the absence of major natural catastrophes during the first three months of the […]