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Moody's Investors Service: cyber growth, risks and profits
Technology
Cyber insurance started small but is growing strongly and quickly, according to a new report from Moody’s Investors Service. Intelligent Insurer investigates.   3 September 2019
Reinsurers in for a major stress test if Hurricane Dorian losses exceed Irma's: S&P
Insurance
Reinsurers and alternative capital will bear the majority of losses caused by Hurricane Dorian if the Category 4 storm makes landfall in densely populated areas of the Florida peninsula, warned rating agency S&P Global.   2 September 2019
Swiss Re partners with Capsicum Re on new cyber reinsurance solution Decrypt
Insurance
Swiss Re and specialist reinsurance broker Capsicum Re have teamed up to co-create a new 'holistic' cyber reinsurance solution that they hope will set the standard for the industry while helping insurers better manage their silent cyber exposures and risks.   2 September 2019
Insurance
AXA XL Insurance has promoted Steven Farr to global head of upstream energy, based in London.   2 September 2019
Insurance
Lloyd's insurer and member of Argo Group, ArgoGlobal, has revealed its plans to exit Syndicate 1200 underwriting operations in Asia in a bid to "improve profitability" of the overall business.   2 September 2019
Insurance
Specialist Lloyd’s broker MNK Re has launched a residual value insurance (RVI) centre of excellence with the appointment of Robert Prince as practice leader.   2 September 2019
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Takashi Goda as senior advisor for Japan.   2 September 2019
Insurance
Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business.   30 August 2019
Insurance
Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.   30 August 2019
Insurance
The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change.   28 August 2019

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