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Cyber insurance and directors’ and officers’ (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG. 5 November 2018
Insurance
SOBC DARAG, a joint venture between US-based run-off specialist SOBC and European legacy acquirer DARAG, has acquired Florida-based Peachtree Casualty Insurance Company. 5 November 2018
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Occam Underwriting, a specialty lines-focused managing general agent (MGA), has appointed a cyber security professional to its board, and an Ironshore executive as its new chief financial officer (CFO). 5 November 2018
Insurance
The Lloyd’s profitability review had to happen, and against that backdrop has helped its Asia platforms keep competitive within the Asia-Pacific region, Veronica Grigg, chief executive officer of Asia-Pacific, Argo Global, told SIRC Today. 31 October 2018
Insurance
Lloyd’s has accelerated its profitability review as it attempts to turn around underperforming syndicates—but as its latest results prove, there remains a long and potentially winding road ahead. Intelligent Insurer reports. 22 October 2018
Insurance
John Neal has started as the new chief executive officer (CEO) of specialist insurance and reinsurance market Lloyd’s of London, taking over from Inga Beale who has been in the role since 2014. 15 October 2018
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan. 12 October 2018
Insurance
Maximum sustained winds from Hurricane Michael have increased to near 130 mph (210 km/h) with higher gusts, making Michael a category 4 hurricane as it moves towards Florida, according to the National Hurricane Center (NHC). 10 October 2018
Insurance
Japan’s Sompo is planning for a sharp increase in the profit contribution to the group from its overseas business Sompo International Holdings (SI), Mike McGuire, chief financial officer of Sompo International, said in a presentation. 10 October 2018
Insurance
Achim Bosch has been appointed chief underwriting officer for Deutsche Rück and the reinsurance division of the Association of German Public Insurers with effect from Jan. 1, 2019. 10 October 2018
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