Why would a small international buyer come to London? »
In this Insurance Institute of London (IIL) reinsurance lecture James Grindley explained some of the reasons why London attracts certain smaller cedants from overseas, and some possible ways London reinsurers can be more accessible to smaller, international buyers. He also gave some examples of why these buyers do not come London and ways that London can improve in this area.
The Enterprise Act and the late payment of claims »
In this half hour video we look in detail at Chapter 12 of the Enterprise Act which relates to the contentious issue of the late payment of claims and damages. The legislation within the chapter is in effect an addendum to the Insurance Act and covers not only property claims but includes liability - building, plant, stock, business interruption and fraud.
Social media: making waves »
Social media has a huge impact on our day to day lives but also has significant implications for business and your career. The YMC recruited two specialist panels to help give a unique insight into these different perspectives. The panels included communications, insurance start-up and LinkedIn experts, as well tech-savvy young professionals who have raised their profiles in insurance and beyond through social media.
Is the current financially healthy global airline industry just a temporary change? »
In this Insurance Institute of London (IIL) aviation lecture Brian Pearce talked about the dramatic improvement in airline industry profitability since 2015, following its decades of shareholder value destruction, its breadth and durability, and what this could mean for London's insurance industry.
The inheritance tax residence nil rate band »
In this Insurance Institute of London (IIL) financial services lecture Charles Hutton advised that the IHT Residence Nil Rate Band started to come into effect in April 2017. Its details are complex, and often action is required to ensure that estates can benefit from it in full.
Legal developments impacting claims October 2017 »
A round up of legal developments in claims produced for the Claims Faculty by the Forum of Insurance Lawyers.
The London reinsurance market: regaining lost ground »
In this Insurance Institute of London (IIL) reinsurance lecture Des Potter talked about the growing influence of capital from the alternative investment industry on the global (re)insurance market and the UK Governments response with the recently announced new risk transformation legislation. Additionally, he considered what opportunities this new legislation will provide for the London Market.
Thinking fast & slow: unconscious bias »
In this Insurance Institute of London (IIL) inclusion & diversity lecture Dr Pete Jones moved the debate on from 'what is unconscious bias' to address the impact on our people processes and most importantly, what the research tells us we can do about it as individuals, managers and as an organisation.
Resilience: can the industry deliver when the chips are down? »
In this Insurance Institute of London (IIL) London Market lecture Simon Konsta outlined the legal, regulatory and cultural constraints faced by capital markets, the (re)insurance industry, governments and aid agencies as they seek to close the protection gap. His lecture also assessed the potential for new products to build resilience in markets exposed to natural disasters, exacerbated by climate change.
Hanjin a year on »
In this Insurance Institute of London (IIL) marine & energy lecture Mike Roderick talked about the insurance issues relating to Hanjin's insolvency, how the shipping and insurance markets have reacted and what lessons can be learned for business going forward.
So you want to be a CEO? »
The next instalment in the Insurance Institute of London (IIL) Young Members’ Committee’s ever popular ‘So you want to be a CEO’ series. This time around, the CEO of Aon UK and Executive Chairman of Aon Benfield International, Dominic Christian, was in the hot seat!
In this Insurance Institute of London (IIL) London Market lecture Sian Fisher & Professor Diane Hanger talked about one of the largest challenges we face in society - the increasing number of people suffering from Dementia. As a nation, we are unprepared to deal with this issue.
Inspirational Women in Risk »
This joint publication by the Chartered Insurance Institute and the Insurance Supper Club showcases a variety of women operating across the insurance sector. The women featured in this book show how age, race, gender or sexual orientation do not prohibit success in the profession and that opportunities exist whatever peoples background and interests.
The fourth industrial revolution »
In this Insurance Institute of London (IIL) London Market lecture, Lloyd's CEO & CII President, Inga Beale, talked about the impact of the fourth industrial revolution on the insurance sector, including the rapidly changing risk landscape fuelled by globalisation and unprecedented technological advancements like artificial intelligence and the internet of things.
Terrorism: responding to an era of turmoil »
In this half hour Underwriting Faculty video seminar, Julian Enoizi, CEO of Pool Re talks about the role of Pool Re now and in the future and the coverage gaps that have emerged as a result of changing threats, including the shift in focus of terrorists from property damage to creating maximum fear and panic. He talks through new and potential reinsurance and insurance solutions, the need for appropriately priced cover for smaller businesses, relevant commission for brokers and other issues such as the differentiation of compensation in the case of those hit by a vehicle who are covered by the Road Traffic Act and the Motor Insurers' Bureau compared to that available to victims of violent attack under the civil injuries compensation scheme.