News
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
Insurance
Channel Syndicate 2015 at Lloyd’s has appointed a new head of technology and cyber to further develop its offering. 29 January 2019
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International. 24 January 2019
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