However, the industry cannot abdicate its responsibility to protect the world’s current energy supply, says global insurance leader
The pair will be establishing an innovation forum
The international insurance marketplace detected ‘unusual activity’ on its network last night, it told Insurance Times
The market is developing ‘realistic disaster scenarios’ to prepare for potential threats, added chief of markets
Commercial insurance clients may now have to make operational decisions to survive tough economic times, say insurers
Lloyd’s had arrived at its reserving figure for Ukraine-related claims via a ’probability weighted exposure reserving method’, says chief financial officer
Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
A sovereign Russian internet could lead to cybercriminal safe havens which could see implications for cyber insurance according to the latest report from CyberCube published today (12 September 2022).
Insurers are preparing for further losses as Russia continues to hold on to leased planes
The facility is now available to clients of Lloyd’s of London registered brokers
Managing agents must show that exclusion clauses have been legally reviewed
Some of the insurer’s crisis management policies, for example, have been ‘triggered because of the war in Ukraine’, says group chief financial officer