Articles

Insurance

First standard for cyber data breach released

ACORD, the global standards-setting body for the insurance industry, has released the industry’s ‘first standard’ for cyber data breach.   9 July 2018

News

Earnings volatility concerns drive reinsurance buying

Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson.   9 July 2018

Insurance

MGAA may enlarge membership to embrace insurtechs, says body’s chair Manchester

Many insurtech firms are very similar in their scope and function to managing general agents – and could benefit from being part of the Managing General Agents' Association (MGAA).   9 July 2018

Insurance

MS Amlin strengthens European war business with Aon hire

Re/insurer MS Amlin has hired senior Aon executive Brecht van Hoorebeke to develop and grow its war business across continental Europe.   9 July 2018

Alternative Risk Transfer

Horseshoe appoints new London head from MS Amlin for ILS boost

Bermuda-based Horseshoe Group has appointed Jean-Bernard Crozet as senior vice president – advisory services and head of London office.   9 July 2018

Insurance

Travelers unveils standalone cyber insurance in UK, Ireland

Property/casualty insurer Travelers Europe has launched a new standalone cyber insurance product for businesses in the UK and Ireland.   9 July 2018

Insurance

More than 100 die in record floods in Japan

At least 100 people have died in Japan as record rainfall caused flooding and landslides in western Japan, according to news reports.   9 July 2018

Insurance

Paul Jardine favoured as new Lloyd’s CEO

Paul Jardine, previously Catlin’s chief operating officer and now responsible for XL Group’s communications & marketing function, claims and distribution strategy, is the favourite candidate for Inga Beale’s successor as CEO of Lloyd’s of London, according to a survey by Intelligent Insurer.   6 July 2018

Insurance

US storm insured losses exceed $100m in one week

Powerful thunderstorms led to extensive damage across parts of the Central and Eastern United States from June 29 to July 4, causing economic and insured losses expected to well exceed $100 million, according to Aon’s Weekly Cat Report.   6 July 2018

Insurance

Progress on inclusion must continue, says Beale as she recalls sexism of the past

At the launch of a new industry-wide pledge designed to change behaviours and create a more inclusive work environment across the sector, Lloyd’s of London CEO Inga Beale has acknowledged that a lot has been achieved – but that more must be done and work needs to go on.   4 July 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.