Specialty Insurance

Why Is Professional Liability Claim Severity Skyrocketing?
Insurance Why Is Professional Liability Claim Severity Skyrocketing?

The escalating price of corrective work is tethered to global supply chain disruptions, making professional liability claims more expensive to resolve than ever before. While architectural and engineering firms have historically focused on the frequency of claims as a primary metric for risk, the

Is Specialist Insurance Key to Protecting Collector Cars?
Risk Management Is Specialist Insurance Key to Protecting Collector Cars?

A pristine 1960s Ferrari 250 GTO represents far more than just a combination of hand-rolled aluminum and high-octane fuel; it serves as a rolling testament to automotive heritage that defies the standard laws of financial depreciation typically associated with modern vehicles. For the casual

Lloyd’s APMEA Strategy Targets Growth and Structural Risks
Risk Management Lloyd’s APMEA Strategy Targets Growth and Structural Risks

The success of AI adoption in the insurance sector depends on establishing rigorous governance and safeguards against algorithmic bias and security breaches. This necessity is underscored by the current state of the insurance landscape across the Asia Pacific, Middle East, and Africa (APMEA), where

What Does the Titanic’s Original Insurance Policy Reveal?
Insurance What Does the Titanic’s Original Insurance Policy Reveal?

The sudden emergence of a century-old document from the depths of maritime history offers a chillingly precise financial record of the world’s most infamous nautical catastrophe. This original insurance policy, drafted for the RMS Titanic just two weeks before its ill-fated departure from

MAS Eases Capital Rules to Boost Infrastructure Investment
Risk Management MAS Eases Capital Rules to Boost Infrastructure Investment

The adjustment of capital requirements is designed to accurately align charges with the underlying risks of long-term infrastructure assets rather than using a one-size-fits-all approach. This initiative, spearheaded by the Monetary Authority of Singapore, addresses a critical gap in the regional

Asia Pacific Reinsurance Rates Set to Fall Amid High Capacity
Insurance Asia Pacific Reinsurance Rates Set to Fall Amid High Capacity

The anticipated 2027 renewal season is expected to bring significant rate relief for regional cedants due to a persistent lack of major claims activity across major Asian economies. This transition comes at a moment when global markets have traditionally faced tightening conditions, yet the Asia

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