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Cyber insurance is one of the fastest growing business segments, but poses a unique set of challenges, as proved by the recent global ‘WannaCry’ cyber attack which hit more than 150 countries and affected computers in factories and hospitals. Intelligent Insurer explores four threats making insurers rethink their coverages and general approach to cyber. 17 May 2017
Insurance
Major ransomware worm attacks such as the recent one dubbed ‘WannaCry’ which hit 150 countries are expected to become more frequent and expose the cyber protection gap in the global economy, according to experts. 15 May 2017
Insurance
The soft market, M&A and pressure on reserves are bolstering the interest in run-off globally, says Veekash Badal of Milliman. 10 May 2017
Insurance
There have been several interesting transactions in the past six months as a number of serial consolidators have looked to take advantage of a growing desire on the part of insurers to move certain blocks of business off their books 10 May 2017
Insurance
As more insurers regard the use of run-off as a mainstream strategic tool, so investors have responded—backing the launch and growth of specialist consolidators geared up to buying and managing portfolios of business in run-off. Intelligent Insurer reports. 10 May 2017
Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector. 10 May 2017
Insurance
An increasing reliance on technology and the interconnectivity of the IoT is resulting in new risks and aggregations of risk that keep insurance executives awake at night. Matt Webb, global group head of cyber at Hiscox, explains to Intelligent Insurer why understanding cyber aggregation risk is more vital than ever. 10 May 2017
Insurance
With the UK non-life sector reaching maturity, legacy acquirers are looking to expand in the US and continental Europe, says Dave Scasbrook of Swiss Re 10 May 2017
Insurance
Amid the rapid growth of the run-off market and its changing nature in recent years, some industry practitioners like to predict what the future may hold for the development of this sector. We collated some of these predictions for 2017. 10 May 2017
Insurance
Disposing of legacy portfolios is an increasingly important mechanism in the capital management toolbox, but how are carriers to be persuaded that it’s a good idea? Tom Dixon of Randall & Quilter has some answers. 8 May 2017
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