A cyber insurance expert is cautioning brokers not to just measure an insurer on the cost effectiveness of their cyber coverage. “Look at the services they provide and their incident response capabilities. Brokers and insured...
IAG has set out what analysts have described as an “ambitious” five-year program to revitalise the business, after past lapses caused the insurer to report a $427 million net loss in the last financial year. Last week C...
This article was produced in partnership with RiskNZ. Insurance Business sat down with David Turner, managing director of RiskNZ, to discuss the inaugural Risk & Resilience New Zealand Summit happening next year. “If yo...
Early results of AIA NZ’s financial adviser wellbeing survey show government regulations have hit those working in the sector hard with more than half the respondents finding it stressful complying with the new regulatory...
“Our overarching goal is to facilitate the Lloyd’s market to be the preeminent corporate and specialty insurance and reinsurance market in the world.” That’s how Patrick Tiernan, Lloyd’s chief of markets,...
This year has meant a number of things for many of us, from renewed worries about the pandemic to changes in both our professional and personal lives. For HDI Global Specialty SE (HDI), 2021 marked an important milestone...
With the year drawing to a close, it’s fair to say that the insurance sector has been through a period of significant change - and it isn’t over yet, as the 2022 regulatory schedule is already looking very busy. While...
For more than a decade, brokers have faced increasing competition from insurers establishing direct channels with consumers. Directly sold products traditionally include car, property, contents, private health and life insurance. As...
Extreme weather events in 2021 – including a deep winter freeze, severe thunderstorms, floods, heatwaves and a major hurricane – resulted in annual insured losses from natural catastrophes of an estimated US$105 billion...
Today’s rapidly evolving risk environment has drawn significant attention to the importance of robust risk management and insurance in protecting organisations from increasingly volatile situations. According to Bernhard...
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