George Abbott

London

Broadcast Reporter at The Insurer

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Articles

US litigation environment leading to pharma liability rate increases

1 month ago | theinsurer.com | George Abbott

The current liability landscape in the U.S., driven by nuclear settlements and litigation finance, is causing pharmaceutical insurance rates to rise, members of Allianz's liability team told The Insurer.
Bertolini says London PE firm Inflexion backs MGA leaders “who invest in people”

2 months ago | theinsurer.com | George Abbott

Within the Managing General Agent ecosystem, private equity firm Inflexion prioritises investing opportunities around those with strong leadership teams that actively nurture future talent, according to Andrea Bertolini, head of financial services at the firm.
DAC Beachcroft: Insurers likely to start introducing exclusions around AI

2 months ago | theinsurer.com | George Abbott

As AI becomes increasingly embedded in business operations, the insurance industry may start to exclude AI-related risks from insurance policies, lawyers from DAC Beachcroft's cyber team warned.
Dark fleet definition must be "clear and quantified", Insurwave founder warns

2 months ago | theinsurer.com | George Abbott

Insurwave co-founder Stefan Schrijnen has called for a "clear and quantified" definition of the dark fleet to help better understand the risk these vessels pose to the insurance sector.
Hinshaw's Seaman: Trump administration set to end ESG pressure on insurers

2 months ago | theinsurer.com | George Abbott

The US insurance industry is expected to stop acting as an unofficial ESG "enforcement arm" under the second Trump administration, according to Scott Seaman, Insurance Industry Group Leader at Hinshaw & Culbertson.
Republican Senator Hawley brands insurers "morally obscene" for Milton and Helene claims denials

2 months ago | theinsurer.com | George Abbott

Republican Senator Josh Hawley has invited US insurers to publicly testify over "morally obscene" disaster claim denials related to hurricanes Helene and Milton.
Insurance sector shifting recruitment focus away from D&I

Jan 21, 2025 | theinsurer.com | George Abbott

Firms within the US insurance industry no longer see diversity and inclusion as a key factor in recruiting C-suite members, according to Shawn Cole, executive recruiter and president of Cowen Partners Executive Search.
India is fastest-growing insurance market in G20: Swiss Re

Jan 14, 2025 | theinsurer.com | George Abbott

India’s insurance market is projected to expand a compound annual growth rate of 8.4 percent between 2025 and 2029, making it the fastest-growing insurance sector in the G20, according to a new report by Swiss Re Institute.