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Insurance
The recent ‘WannaCry’ ransomware virus attack was heralded as a wake-up call for businesses concerned about their cyber security but has failed to boost demand for insurance, according to communications consultancy group FWD. 3 July 2017
Insurance
Bermuda-based specialty re/insurance provider Fidelis Insurance has announced a new specialty joint venture with former Hiscox executive Rob Ashton. 3 July 2017
Insurance
Capital Risks, a newly-formed transaction liability insurance managing general agency (MGA), has hired Alex Smith as underwriting director. 3 July 2017
Insurance
Insured cost of hailstorm Paul which hit Germany in June is estimated at around €400 million, according to actuarial consulting company Meyerthole Siems Kohlruss (MSK). 3 July 2017
News
Reinsurance broker and consultant JLT Re has hired David Edwards to expand its credit and political risk team. 3 July 2017
Insurance
In what appears to be a new strategic direction for the company, Brian Duperreault, American International Group's (AIG) new CEO, has said he wants to target acquisitions of companies and reduce the pace of share buybacks. 29 June 2017
News
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018. 29 June 2017
Insurance
Broker Willis Towers Watson has hired QBE's Jill Stewart as head of FINEX Australasia to further strengthen its capability in the financial and professional lines. 29 June 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region. 29 June 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Bettina Pidcock as its first chief customer officer. 29 June 2017
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