Ben Dyson

Jul 25, 2024 | spglobal.com | Ben Dyson

Event insurers would face large bill if Paris Olympics disrupted The Stade de France will be a focal point for the 2024 Summer Olympics in Paris. Source: Maja Hitij/Getty Images Sport via Getty Images Europe. Insurers would be forced to pay a large claims bill if the 2024 Summer Olympic Games in Paris were interrupted. The Paris Games, which hold their opening ceremony July 26 and run through Aug.

Jul 22, 2024 | spglobal.com | Ben Dyson

Airlines were among those hit the hardest by the June 19 CrowdStrike outage. Source: Anna Moneymaker/Getty Images News via Getty Images North America. The global IT outage that brought key industries to a standstill worldwide on July 19 is likely to generate large claims bills for the cyber insurance industry and a coverage rethink.

Jul 2, 2024 | spglobal.com | Ben Dyson

Sampo Oyj is paying a large premium for the 50.5% of Danish insurer Topdanmark A/S that it does not already own, but it should be able to generate the synergies that help justify the price, according to analysts. Sampo, a pan-Nordic property and casualty insurer, announced June 17 that it was offering 1.25 of its shares for each Topdanmark share it plans to acquire, implying a 27% premium to Topdanmark's share price on June 14.

Jun 27, 2024 | spglobal.com | Ben Dyson

UK election: Government should tackle claims costs to curb motor insurance hikes Shadow Secretary for Transport Louise Haigh said regulators should probe UK motor insurers over recent price rises. Source: Nicola Tree/Getty Images News via Getty Images. A new UK government has several options to cut claims costs if it is determined to crack down on motor insurance prices, industry experts said.

Jun 19, 2024 | spglobal.com | Ben Dyson

Despite recent declines, prices for cyber insurance remain sufficient to cover the risks insurers are assuming as the world faces a resurgence in ransomware attacks. Cyber insurance rates in the first quarter fell 12% on average for UK clients of insurance broker Marsh LLC that have annual revenues of more than £200 million. That marked the fourth-consecutive quarter of rate declines, according to the broker's report on first-quarter cyber insurance trends.