Valencia floods serve as warning of escalating risk across Europe: ICEYEEvents like the recent Valencia floods are expected to become more frequent in Europe due to the warming of the Mediterranean, according to Anke Sielker, head of the reinsurance practice and head of insurance for EMEA at ICEYE.
We are pleased to announce today the completion of the 2024 L&H assumptions review... The very comprehensive review allows us to draw a line and move forward with confidenceThierry Léger, CEO of Scor
MMC’s Stransky: Cyber market yet to have “Hurricane Andrew moment” TVAlthough cyber is one of the fastest-growing areas of insurance, Marsh McLennan’s Scott Stransky says the sector has not yet had its market-defining moment in the same way Hurricane Andrew was for property in terms of model development and premium growth.
TV Close QuarterRussell Group’s Basi: Insurance must become more “tactical” in dealing with systemic riskThe insurance industry must become more “strategic” and “tactical” in the face of an increasingly complex risk landscape, driven in part by the evolving nature and definition of systemic risk, according to Russell Group managing director Suki Basi.Mon 17 Jul 2023
TV News in FocusCyberHowden’s Simkin: Cyber attribution must not become obstacle in claims paymentsHowden’s global head of cyber Shay Simkin has warned that the process of attributing a cyber event to any one nation or group remains “virtually impossible” in a new interview with The Insurer TV.Tue 11 Jul 2023
TV News in FocusRussia-UkraineOliver Wyman’s Ellison: $100bn early target for industry Ukraine Development FundThe scale of investment needed to enable Ukraine to recover and transform into a “modern and free society and economy” cannot be realised without the support of the insurance industry, according to Oliver Wyman’s public sector practice partner Crispin Ellison.Tue 4 Jul 2023
TV News in FocusLegal disputeReed Smith’s Ellison: “Bellwether” SC PFAS case to determine future litigationThe industry will be closely following the multidistrict litigation (MDL) that’s currently pending in the federal court in South Carolina in relation to per- and polyfluoroalkyl substances (PFAS), viewing it as a “bellwether” decision that will either encourage or discourage the plaintiff bar in the future.Tue 27 Jun 2023