Archive

System failure and business interruption the major loss triggers from global IT outage

Business interruption losses unlikely to be covered by general insurance policies, says APCIA

Ergo helps limit fallout from Thai peer's liquidation

Verisk forecasts insured wind losses from Beryl could peak at $3bn

General Data Protection Regulation: time for a second look

The European Commission's GDPR review should focus on addressing outstanding issues, rather than reopening the text of regulation, argues William Vidonja

LMA: IT outage chaos unlikely to breach op risk impact tolerances

Matt Wood, head of technology at the Lloyd's association explains insurance implications

Marcus Foley takes CRO role at Somers Re

Limited impact for insurers from Microsoft outage, says AM Best

Insurer cyber protections, terms and reinsurance likely to limit losses

ABI's Hannah Gurga champions AI and regulatory reform at PRA roundtable

Cheif of the UK's insurance association highlights opportunities for AI in reporting

Flood Re covers more households despite stormy outlook

A third of all claims since Flood Re's inception were received in 2023/24, in the wake of the winter storms

Microsoft IT outage will be significant loss for insurers

Challenge for firms where both operations and coverage hit by outage