On the Arab Spring, Riots, JP Morgan, Space and Medical Devices

Whilst the Egyptians cast their vote this week in the country’s first free election, the insurance community gathered for the 29th GAIF conference in Morocco. That 1,800 international delegates showed up in Marrakesh, suggests the appeal of the Middle East and North Africa region is undiminished despite the upheaval of the Arab spring. However, a survey sponsored by the Qatari Financial Centre accurately captured the … Continue reading On the Arab Spring, Riots, JP Morgan, Space and Medical Devices

On Climate Change, Whiplash, Lawyers, Beirut and Air Traffic Control

Reticent by nature, yet insurers’ profile in the climate debate could hardly be lower which is curious given the obvious impact global warming could have on claim patterns. A report published this week by Yale University offers a plausible explanation. Evidently climate liability, the attempt by third parties to base claims for damages on greenhouse emissions, rather than climate change itself is seen by US … Continue reading On Climate Change, Whiplash, Lawyers, Beirut and Air Traffic Control

On Metal Theft, Bankers, Burma, Scottish Independence and Robots

Perhaps the prayers of church insurer Ecclesiastical have been answered now that the Association of British Insurers has formed a working group and the government looks set to introduce tougher measures to curb the metal theft endemic. The company has been hammered with 30,000 claims mostly as a result of disappearing lead roofs. The problem is widespread costing the economy £770m according to the police. … Continue reading On Metal Theft, Bankers, Burma, Scottish Independence and Robots

On Horses, Street Parties, Amateur Microbiologists and Argentina

After the drama of the Oxford and Cambridge boat race, the other summer sporting curtain raiser, the Grand National was equally full of incident and controversy. The debate continues about the race’s safety, although interestingly the motivation seems to be the welfare of the horses rather than the jockeys. Incredibly Tony McCoy, who fell off Synchronised (twice) before the horse was later put down, has been … Continue reading On Horses, Street Parties, Amateur Microbiologists and Argentina