Insurance Day

Articles for 01 December 2023

Daily Digest: Lloyd's warns on PV exposures, Underwriters fear Israeli ship losses, Miller launches AI tool

Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2023-12-01T18:40:10

Legal Focus: Speculative Singapore case a sign of increased risk for insureds and insurers

Outcome of fractional property development case may be of assistance for solicitors defending similar civil claims by former clients
Online Published Date: 2023-12-01T18:40:10

Lloyd's PV market faces increased scrutiny amid exposure concerns

Rising global social, economic and geopolitical tensions means political violence underwriters must be ‘on top of aggregations’, chief of markets says, as Lloyd’s set for 11% premium growth in 2024
Online Published Date: 2023-12-01T17:40:12

Miller launches AI tool

MillerMo is the first in a planned series of innovations, re/insurance broker says
Online Published Date: 2023-12-01T13:40:11

Gallagher launches brokerage in Taiwan

Broker appoints Brian Wang chief executive of its new Taipei-based operation
Online Published Date: 2023-12-01T13:40:11

Underwriters fear aggregation loss on Israeli ships

Local owners not generating sufficient premium revenue to cover scale of potential payouts, with hijacked Galaxy Leader worth up to $60m if declared a constructive total loss
Online Published Date: 2023-12-01T12:40:11

Cop28 opens with ‘breakthrough deal’ on loss and damage fund

Delegates meeting at the UN climate talks in Dubai have agreed on the operationalisation of a fund that will help compensate vulnerable countries coping with loss and damage caused by climate change
Online Published Date: 2023-12-01T11:40:19

Skyward Specialty CEO Robinson assumes chairmanship

Executive expands responsibilities at US carrier following departures of chairman Cameron MacDonald and director Robert Kittel 
Online Published Date: 2023-12-01T10:40:12

Cox departs as president of Markel's global insurance operations

Executive to step down at the end of the month after five years in the post
Online Published Date: 2023-12-01T09:40:15

Gallagher closes acquisition of Cadence Insurance

International broker completes $904m acquisition of the insurance broking operation of Cadence Bank
Online Published Date: 2023-12-01T09:40:15

HCI condo unit approved for February launch

Condo Owners Reciprocal Exchange set to begin writing business in Florida following approval from the state's regulator
Online Published Date: 2023-12-01T09:40:15

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