Report ‹ Press Releases

Jul

2019

The process of radicalisation and therefore its impact on the terrorist threat to the UK is evolving, finds Pool Re’s latest Terrorism Frequency Report

Posted on 1st July 2019 by Mazin Shammas and has No comment

Pool Re, Britain’s leading terrorism reinsurer, has announced the publication of its latest Terrorism Frequency Report, one of their regular reviews of the contemporary threat which is produced by Pool Re’s in-house Terrorism Risk and Analysis Centre (TRAC). The report includes an assessment of ideological trends […]

Apr

2019

‘Talent & tech’ key to delivering world-class claims service, LMA report finds

Posted on 11th April 2019 by Mazin Shammas and has No comment

The Lloyd’s Market Association (LMA) and PwC today published a report, following engagement with London market carriers, on the transformation of their claims departments. The report, entitled Claims Workforce of the Future – London Market, found that while high-calibre technical claims handling skills are prevalent, a […]

Nov

2018

Pool Re publishes its fourth Terrorism Threat & Mitigation Report and gives details of proposed cover for Non-Damage Business Interruption

Posted on 13th November 2018 by Mazin Shammas and has No comment

At the City of London launch, the UK police lead for counter terrorism endorses Pool Re’s actions and commitment to build the UK’s economic resilience Pool Re, the UK’s terrorism reinsurance pool, has today published its annual Terrorism Threat & Mitigation Report, which focuses on the […]

Sep

2018

Underlying Return on Equity deteriorates at H1 2018: Willis Re Reinsurance Market Report

Posted on 6th September 2018 by Mazin Shammas and has No comment

Shareholders’ equity in 34 reinsurance companies tracked in the Willis Reinsurance Index[1] totalled $364.9 billion, a 1.6% decrease from $371 billion at year-end 2017. The decrease occurred despite an improvement in net income of nearly 75% to $14.5 billion, largely due to lower natural catastrophe losses […]

Jul

2018

UK terrorism threat likely to be amplified by shortened cycle of conviction, custodial sentence and release of prisoners – businesses should reduce risk and strengthen resilience, says latest Pool Re report

Posted on 31st July 2018 by Mazin Shammas and has No comment

Pool Re, the terrorism reinsurance pool, today publishes its latest Terrorism Frequency Report which analyses the risk landscape of the UK and internationally, focusing on the ‘post-Caliphate’ generation of extremists. It examines the threat posed by those convicted terrorists who’ve already been released, or are soon […]

May

2018

Joint Rig Committee launches oil and gas cyber risk report

Posted on 9th May 2018 by Mazin Shammas and has No comment

The LMA and IUA has published its inaugural Joint Rig Committee (JRC) report, ‘Upstream Oil and Gas Cyber Risk – Insurance Technical Review’. This publication will provide the Lloyd’s and London insurance market with the background, threats and practical measures being implemented to reduce risk related […]

Apr

2018

Salisbury poison incident and attendant financial losses expose insurance gap

Posted on 30th April 2018 by Mazin Shammas and has No comment

Pool Re, the terrorism reinsurance pool, today announces the publication of its latest Terrorism Frequency Report, which analyses recent terrorist trends and their significance to the UK insurance community. This edition includes a discussion of the attack against Sergei and Yulia Skripal, and the economic impact […]

Apr

2018

Pool Re publishes unique study on terrorism trends in advanced markets over 25-year period

Posted on 30th April 2018 by Mazin Shammas and has No comment

Pool Re, the terrorism reinsurance pool, today announces the publication of its latest Terrorism Frequency Report, which coincides with the 25th anniversary of the reinsurer’s foundation. The report assesses terrorism trends in advanced markets from 1990 to 2016 through the lens of those (re)insuring terrorism over […]

Apr

2018

LMA report finds widespread use of cyber exclusions in many classes

Posted on 23rd April 2018 by Mazin Shammas and has No comment

The Lloyd’s Market Association (LMA) has produced a report for its members, ‘Cyber Risks & Exposures Model Clauses: Class of Business Review’. The report includes a comprehensive review by class of non-affirmative and affirmative coverage and commonly used exclusions. In most classes covering physical damage losses, […]

Feb

2018

Pool Re publishes inaugural Terrorism Frequency Report providing Members with expert view on the terrorist threat

Posted on 5th February 2018 by Gavin Warren and has No comment

Pool Re, the UK’s terrorism reinsurance pool, today announced the publication of the Terrorism Frequency Report, a quarterly view of the contemporary threat, produced by the Scheme’s Terrorism Risk and Analysis Centre (TRAC). This resource will provide Pool Re Members and stakeholders with a record of […]

Nov

2017

Pool Re to extend cover to include physical damage from cyber terrorism from April 2018

Posted on 28th November 2017 by Gavin Warren and has No comment

Pool Re, the terrorism reinsurance pool, today announces that, from April 2018, it will extend its cover to include material damage and direct business interruption caused by acts of terrorism using a cyber trigger. The cover, which will exclude intangible assets, will be offered as standard […]

Oct

2017

Capsicum Re report addresses non-affirmative cyber

Posted on 4th October 2017 by Gavin Warren and has No comment

Capsicum Re, the specialist reinsurance broker, is today launching its report ‘Addressing Non-Affirmative Cyber’. The report looks at the growing problem of cyber perils that are neither explicitly included nor excluded, leaving insureds potentially exposed to a lack of cover and the insurance industry with significant […]

Sep

2017

Threat from Islamist Extremism is unprecedented with industrialisation of terrorism meaning unsophisticated attacks remain highly likely

Posted on 26th September 2017 by Gavin Warren and has No comment

Latest Pool Re report launches with new quantitative assessment of frequency and severity of terrorism events Pool Re, the terrorism reinsurance pool, today announces the publication of the latest Terrorism Threat and Mitigation Report. The report analyses recent terrorist attacks as well as outlining and assessing […]

Sep

2017

Threat from Islamist Extremism is unprecedented with industrialisation of terrorism meaning unsophisticated attacks remain highly likely, says latest Pool Re report

Posted on 26th September 2017 by Gavin Warren and has No comment

Pool Re, the terrorism reinsurance pool, today announces the publication of its latest Terrorism Threat and Mitigation Report. The report analyses recent terrorist attacks as well as outlining and assessing the broad spectrum of terrorist threats faced by the UK and Europe. Key themes and emerging […]