Keep up with what’s been happening this week in our insurance news round-up…

 

Capita increases pay for almost 6000 workers to real living wage

Capita is working towards full accreditation with the Living Wage Foundation by reviewing plans to extend the policy to regular sub-contracted staff.

Climate change ranked the top extreme risk for investors

Global temperature change is the number one extreme risk to economic growth and asset returns for investors, a new ranking by the Thinking Ahead Institute has suggested.

Global cyber losses expected to reach $6 trillion by 2021

Annual global cyber losses are expected to hit US$6 trillion by 2021, with cybersecruuity spending projected to exceed a total of US$1trillion for the five years leading up to 2021.

Aon forms Accident, Health & Life practice group for reinsurance business

Re/insurance broker Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.

RSA brings together commercial divisions

RSA UK and International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a unified commercial division.

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