News

Insurance

Can’t evade cyber threat in ‘deep fake’ era: ransomware damages to hit $30bn

Geopolitical tensions could spill over into cyber space, warns latest analysis of risk landscape.   26 October 2022

Insurance

Chubb profit more than halves in Q3 as it takes $975m hit on Ian losses

CEO Greenberg says the company is staying on top of inflation in both pricing and reserving.   26 October 2022

Insurance

Acrisure signals solid M&A pipeline with latest UK deal

The acquisition expands its presence in the UK following recent Series B-2 funding.   26 October 2022

Insurance

Lessons from Hurricane Ian: BMS

The 2022 Atlantic Hurricane season could unveil the shortcomings of the seasonal forecasting the insurance industry leans on: BMS.   25 October 2022

Insurance

Cyber parametric is on its way

“These products work very differently from traditional insurance.” Gethin Jones, Skyline Partners   25 October 2022

Insurance

Today’s challenges: a bevy of grey swans

None of the trials facing the industry is unique, unexpected or something that has not been seen before, says David Flandro of Howden.   25 October 2022

Insurance

Brokers fear being squeezed out of the loop: VIG Re

Anxious cedants are exploring private deals, says chairman of the VIG Re board of directors.   25 October 2022

Insurance

Global Indemnity ousts CEO and COO after 16 to 18 months tenure; reveals $1.5m Ian losses

The CEO was hired last year from Chubb after a lengthy search process.   25 October 2022

Insurance

Argo class action lawsuit alleges ‘false and misleading’ disclosures

The plaintiffs claims to have ‘suffered significant losses and damages’.   25 October 2022

Insurance

Former Neon/Ascot/XL CEO and 40-year market veteran takes up ‘exciting role’ at Artificial

He sees ‘enormous opportunity in the algorithmic underwriting space in the UK and globally.   25 October 2022

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