DIFC and Lloyd’s partner to develop future talent in the insurance sector & more…Keep up with what has been happening this week in our latest insurance news round-up…

Man arrested after climate activists cut UK insurance firms’ fibre optic cables

Protest group says it targeted insurers ‘due to their critical role underpinning the fossil fuel economy’.

Munich Re on the role of reinsurance in reshaping the L&H market

With governments under increasing pressure to bridge ever-widening life and health protection gaps, the role of re/insurance in supporting clients beyond just traditional risk transfer mechanisms is more visible than ever.

Climate change could cost Irish insurance industry up to €1.5 billion – Deloitte

A new survey shows that climate change could cost the country’s insurance industry up to €1.5 billion over the next decade.

Ombudsman complaints reveal insurers are still struggling with claims

Customers must be placed at ‘the heart of the claims process’ if insurers are to instigate a turnaround in complaints, says market intelligence firm.

DIFC and Lloyd’s partner to develop future talent in the insurance sector

DIFC Academy, the educational platform of the Dubai International Financial Centre (DIFC), has signed a Memorandum of Understanding (MoU) with the specialist Lloyd’s re/insurance marketplace to support the development of future talent in the insurance sector.