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Briefing: Looming recession spells further bad news for insurers
A swirling storm of tough economic issues promise to create a difficult start to the year
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SMEs potentially priced out of cyber cover due to ‘ongoing issue’ of rising premiums
How insurers quantify cyber risks has to change in order to effect more stable pricing in the long term, says commercial director
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Briefing: ‘Inflation is not fundamentally bad for the industry’ despite uptick to 11.1%
But factoring claims inflation into premiums could impact insurers’ profitability in the short term, says head of market intelligence
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Cadbury owner settles legal battle with Zurich over $100m NotPetya cyber claim
The debate around state-backed cyber attacks has progressed due to the Russia-Ukraine conflict, highlighting the need for ‘proper’ cyber cover
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Backchat November 2022
Editorial’s croquet skills, a passion for ballroom dancing and dressing up for charity. What has the insurance industry been up to of late? You heard it here first…
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Insurers may be ‘forced to scale back services’ as BoE hikes interest rates
Warnings of a long recession also sent the pound into a downward spiral, further piling pressure on insurer’s finances
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Briefing: Provision of cyber insurance can help industry position itself as a ‘problem solver’
However, for the cyber insurance market to become truly sustainable, an influx of capacity is sorely needed
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Broker CEO Forum: ‘Difficult to manage’ economic turmoil will last until 2024 – RSM
However, opportunities exist for the insurance sector during difficult times, says economist
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Briefing: ‘Casualties’ could arise in insurtech sector due to ‘funding shortfalls’
Broker CEO Forum delegates debate how the current macroeconomic climate is impacting insurtechs and what solutions these firms are looking at deploying
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Broker CEO Forum: Uptake of cyber insurance is ‘not where it should be’
More targeted sector examples showcasing the risks of cyber attacks could improve the uptake of cyber insurance, says panellist