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Déjà vu and the UN climate talks

The art of transition for re/insurers lies in skilling up for sustainability, not only on the investment side, but also in underwriting

ID Comment Climate change

Wide-ranging Milton loss estimates are drifting down

Milton is likely to be among the top 10 costliest hurricanes on record, but determining the insured loss is particularly challenging, as the wide range of estimates reveals

United States Hurricane Season

Shipping’s ageing fleet and mounting crew crisis heighten systemic risks for insurers

Maritime industry continues to push the global fleet to its limit, playing a dangerous game of Russian roulette with crew, oceans, cargo – and insurers’ portfolios

International Marine

Lloyd’s is taking a common sense approach to market discipline

Continued warnings about complacency belie the fact the market is heading in the right direction

ID Comment Lloyds

The next Gold Rush? Why deep-sea mining sparks controversy

Technology and regulation race against – not with – each other, as companies and nations seek to harvest the world’s abyssal plains

International Environment
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CrowdStrike is the cyber insurance market's first stress test

The global IT outage will spark a revaluation of cyber insurance wordings, particularly in relation to business interruption

International Cyber

How to lose the debate on climate change

Global warming is not a belief nor a point of view, but a threat. However, climate activists who endorse criminal activity are on a hiding to nothing

International Climate change

Global chaos from Microsoft IT outage highlights systemic cyber threat

Cyber insurers will be scrambling to understand their exposures to the outage as businesses worldwide are affected 

International Cyber

'Build Back Better' needs to be the norm for flood insurers

Just 30% of claims to come through Flood Re have included Build Back Better resilience provisions – that proportion needs to rise

United Kingdom Property

Buyers of cyber insurance are still unclear about what it covers

As penetration of cyber coverage continues to increase, it is important insurers and brokers work with buyers to make sure they are crystal clear on the scope and limits of their coverage

International Specialty

Lloyd’s transition risk code is a welcome addition

New TRX risk code will allow syndicates to ‘dip their toe’ into transition risk

Lloyds ID Comment

Sanctions compliance will continue to challenge marine insurers in the year ahead

The dark fleet now comprises 12% of the global trading fleet, according to Lloyd’s List

International Specialty
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