Global insurance trends

Baltimore Bridge: Analysis & Comment From Container xChange

After the Baltimore Bridge incident there will a knock-on effect to US trade in particular and world trade in general, as container ships are re-routed. Here’s some analysis; In the aftermath of the Baltimore bridge […]

Global insurance trends

Bloomberg Predicts More Insurers May Walk Away From Cat Risks

Bloomberg Intelligence sees insurers potentially pulling cover from high risk, high asset value areas, affected by typical seasonal weather events like hurricanes, storms and human-set wildfires. Here’s the word; A 360% rise in insured losses […]

News

Analysis: RSA Heading For International Waters, Not Choppy UK Seas

The acquisition of MoreThan by Admiral highlights a couple of trends across the UK insurance sector. First, it’s becoming harder for smaller to medium sized brands to standalone, as the big three comparison sites dominate […]

News

IFoA, Kennedys and IEA Comments on The King’s Speech

Commenting on the King’s Speech at the State Opening of Parliament yesterday (7 November 2023), Kalpana Shah, President at the Institute and Faculty of ActuariesĀ (IFoA) said: ā€œFive years on from Sir John Kingman’s independent review […]

Global insurance trends

Australian Insurance Market Looks Set to Grow, Says New Report

Latest data snapshot from GlobalData, who see strong growth in Australia. The Australian general insurance industry is set to grow at a compound annual growth rate (CAGR) of 9.1% from AUD86.8 billion ($60.1 billion) in […]

Opinion

Yes, It’s Happy Consumer Duty Day: Comment and Analysis

The new FCA Consumer Duty comes into effect for insurers, MGAs and brokers from today. What will the impact be? IE rounded up some industry comments FYI; SEDGWICK Nicola Dryden, Chief Client Officer, Sedgwick UK, […]

Insurance Brokers

Is AI Hype Distracting Business Owners From Everyday Cyber Risks?

It could be all too easy to get excited about ChatGPT, AI and other digital trends, whilst taking your attention away from the daily attempts by hackers to extract ransoms, or steal your data. Here’s […]