News

Insurance

Zurich got Farmers to profits fast, but new business can wait

Policy counts will only begin to rise from 2025, once transformation is clearly over.   16 May 2024

Alternative Risk Transfer

Beazley sponsors second 144A cyber cat bond via PoleStar Re taking total to $300m

The insurer has secured additional $160m of cyber reinsurance coverage.   20 May 2024

Insurance

WTW MGU Verita expands casualty offering in US

New offering targeted towards mid-sized and larger companies.   8 May 2024

Reinsurance

MS Reinsurance rebounds from large loss to $366m profit in ‘watershed’ year

The growth was driven by favourable market and one-time tax impact in Bermuda.   20 May 2024

Insurance

Lloyd’s plots cyber wording end-game; deadlines loom

Phase-outs of non-compliant covers and rules on affirmative deals clear the slate by 2025.   14 May 2024

Insurance

WTW boosts global cyber facility with 50% higher capacity, broader coverage

The broker says its participating Lloyd’s insurers has doubled since 2023 launch.   8 May 2024

Insurance

Cyber insurance market: what’s worrying insurers?

For the second year running, the US cyber insurance market has generated strong direct underwriting profits, but written premium volume has stalled amid renewed pricing pressure, according to industry reports.   20 May 2024

Insurance

Cyber resilience: keeping supply chains safe

Just trusting third-party providers is not enough.   20 May 2024

Reinsurance

Insureds lack advice and expertise when buying cyber insurance, says Kynd survey

Clients are failed at very start of the cyber insurance application process.   20 May 2024

Reinsurance

Gallagher Re and Oxford partner to model marine chokepoints in global supply chain

Research simulates real disaster scenarios, addressing risks beyond marine insurance.   16 May 2024

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