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AI centre stage in the future of cybersecurity

A new report notes a significant portion of respondents are looking forward to utilising generative AI.   In the continuously evolving landscape of cybersecurity, the integration of artificial intelligence is emerging as ...
Integrating ESG into risk management strategy

Avoiding a "bolted on" solution is easier said than done

In today's rapidly evolving corporate landscape, integrating environmental, social, and governance (ESG) risks into a company's risk management framework is not just beneficial—it is imperative.   As global ...
Increase in public sector cyberattacks forecast

Company calls for an increase in measures for government agencies, officials

CyberCube has issued a warning about the increasing threat of cyberattacks on public sector entities, especially focusing on government and election infrastructure, in anticipation of heightened vulnerabilities during the upcoming US pr...
How technology will reshape reinsurance

EVP on the impact being made by artificial intelligence

The future of the reinsurance industry is set to be dominated by technological advancements – specifically around generative AI. Accordingly, EY’s Global Insurance Outlook 2024, 52% of insurance CEOs plan on investing...
$11m paid out for mobile phone claims in 2023

New report reveals the primary reason behind phone insurance claims

Mobile phones have become indispensable in our daily lives. However, a rising tide of mishaps comes with their increasing ubiquity, as revealed in new State Insurance data. According to the report, New Zealanders are filing an average...
Marsh McLennan publishes first quarter results.

Marsh McLennan publishes first quarter 2024 results. Marsh McLennan has reported robust growth across its segments as it unveiled its financial results for the first quarter ending March 31, 2024.   The global risk...
Delta Insurance launches coverage for large fleets

Alternative approach to traditional "knock for knock" arrangement

Delta Insurance has expanded its portfolio by entering the commercial motor vehicle insurance sector, specifically targeting enterprises managing fleets exceeding 100 vehicles.   The initiative is led by Michael Hookham,...
Broader implication of economic pressures

Recent statistics have revealed that New Zealand's headline consumer price index inflation remains at 4%, with notable increases within the insurance sector, according to the Council of Trade Unions (CTU).   Housing...
Baltimore bridge - Reinsurance costs may rise

Event being billed as one of the costliest in marine history

While the International Group of P&I Clubs’ (IG) extensive reinsurance protection is expected to alleviate much of the financial impact of the recent Baltimore bridge collapse, S&P warns of higher reinsurance costs that...
How to create a balanced reinsurance portfolio

"We had to find a more sustainable matching point", says head

Between defining the position of QBE’s reinsurance arm within the broader insurance group, stabilizing its performance and delivering on its ambitious growth plans, Chris Killourhy’s (pictured) role as MD of QBE Re sees him...

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