Risk revolution is driving transformative changes for the insurance industry…Keep up with what has been happening this week in our latest insurance news round-up…

CrowdStrike outage – how much did it cost the re/insurance industry?

Guy Carpenter on the effects of the year’s biggest cyber event thus far.

wefox completes two transactions to exit the German insurance market

InsurTech wefox has successfully completed two transactions to exit the German insurance market, aligning with the company’s strategy to focus on profitable market positions of critical size.

Insurance boss issues warning over using pensions to drive UK growth

Government must defuse ‘ticking timebomb’ of people not saving enough for retirement, says Royal London CEO.

Risk revolution is driving transformative changes for the insurance industry

The Covid-19 pandemic created the biggest global crisis in generations and sparked seismic change across the insurance industry.

Allianz UK sells musical insurance book to Howden

Intermediary group Howden is acquiring Allianz UK’s musical insurance book for an undisclosed sum.