News
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Laura Skaanild as client director, professional and executive risk from Willis Towers Watson. 7 February 2019
Insurance
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330, and 1110, has appointed David Reed as its non-executive chairman. 7 February 2019
News
French mutual insurance company Covéa has rejected all the accusations leveled by reinsurance firm SCOR as "groundless" and a "strategy to manipulate the judicial process", and reiterated its support for its chief executive Thierry Derez and his actions. 31 January 2019
News
A severe global ransomware attack could cost as much as $193bn and affect more than 600,000 businesses worldwide, yet only 14 percent of this cost is insured, research has revealed. 30 January 2019
Insurance
Re/insurer AXA XL has collaborated with property/casualty platform provider Guidewire Software on risk modelling solution to help quantify the financial impact of cyber risk exposures. 29 January 2019
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has been launched in London. 29 January 2019
Insurance
The acrimonious dispute between SCOR and Covéa, which started with failed takeover bid by the latter last year, has taken another remarkable twist that will likely see the clash played out in court. 29 January 2019
Insurance
Insured losses from the November 2018 wildfires in California have been re-evaluated upwards to $11.4 billion, representing a 25 percent hike from initial figures reported by the US government’s Department of Insurance. 29 January 2019
Insurance
Property Claim Services (PCS), a Verisk Analytics business, has launched its industry catastrophe loss data aggregation and index reporting services for events occurring in Japan. 29 January 2019
Insurance
The ILS market grew to $93bn of outstanding non-life capital in 2018, suggesting the market is in good health despite a quieter final quarter, according to the latest report from Willis Re. 29 January 2019
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