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Cyber insurance: a not so global market
News
Though cyber risk is a distinctly global threat, the cyber insurance markets in the US and the EU have developed in different directions both in terms of products and pricing. This has consequences for players that are eager to take advantage of the significant growth potential of this line of business, as Intelligent Insurer discovers.   18 December 2018
Alternative Risk Transfer
Recent major loss events—Atlantic hurricanes Harvey, Irma and Maria, along with the Mexican earthquakes—represent the first big test for the alternative capital sector, Mike Van Slooten, head of market analytics at Aon Benfield, told Baden-Baden Today.   24 October 2017
Insurance
The European Securities and Markets Authority (ESMA) has set out a principles rule book for the supervisory approach to company relocations from the UK as the country leaves the EU and stressed that special attention should be granted to avoid letter-box entities in the EU27.   1 June 2017
Insurance
White Mountains has posted a jump in its third-quarter results, driven by the sale of specialty insurer OneBeacon.   9 November 2017
Insurance
Zurich Insurance Group has announced that Michel Liès will succeed Tom de Swaan as new chairman of its board. Swaan has been a member of Zurich’s board since 2006 and chairman since 2013.   6 July 2017
News
The reinsurance industry emerged relatively unscathed from the heavy catastrophe losses of 2017 with its shareholders’ equity increasing and its combined ratio nowhere near as bad as in 2005 and 2011 – two most recent years severely hit by cat losses.   23 April 2018
Insurance
Chubb Global Markets, the London-based wholesale insurance division of Chubb, has promoted Dominique Largeron to the position of delegated underwriting authorities manager.   8 June 2017
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note.   6 September 2017
Insurance
Bermuda-based Assured Guaranty has announced its plan to combine the portfolios and operations of its four international financial guaranty insurance companies.   27 June 2017
Insurance
US re/insurance broker Brown & Brown reported a 12.9 percent increase in net income for the first quarter of 2017, boosted by a legal settlement with AssuredPartners.   18 April 2017

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