The freelance economy will lead to large shifts in the workers' compensation market, one economist has predicted.
More than half of the respondents to the World Economic Forum's global risk perception believe that the year ahead will bring an increase in overall risk mainly due to environmental and geopolitical factors.
Investors continue to eye any opportunity that may arise in the re/insurance industry, with the January 1 renewals highlighting the continued interest in the sector, Michael Millette told Reactions.
Despite an anticipation of de-regulation alongside the election of Donald Trump in 2016, re/insurance chief executives claim they're being regulated more than ever.
Insurers are facing a slow burn in California as new wildfires that have erupted in the South of the state add to the losses already incurred in the North.
US-based firm The Hartford is facing a reduction in capitalisation of more than $800m due to the recently passed tax legislation but has remained positive about the implications of the law in the long-term.
Lloyd's continues to attract new funds with existing players in the market forming new operations while new entrants also making their debut in One Lime Street.
London's Hyperion Insurance Group saw its revenue grow by a fifth while EBITDA increased by a quarter in 2017.
CNA Hardy has turned to Stuart Middleton to lead its new Luxembourg-based European Union operation.