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Pool Re, a mutual reinsurer that provides terrorism cover for commercial property in the UK, is extending its cover to include material damage and direct business interruption caused by cyber terrorism from April 2018. 29 November 2017
Insurance
Specialty insurer Markel International has completed the acquisition of EC Insurance (ECIC), having received approval from the Prudential Regulation Authority. 29 November 2017
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution. 29 November 2017
Insurance
US-based independent reinsurance broker Holborn Corporation has appointed Adam Manus to the position of president and chief brokerage officer. 29 November 2017
Insurance
Willis Towers Watson has released a significant update to its modelling platform for property/casualty business. 29 November 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Richard Heppell as the new chief financial officer (CFO). 24 November 2017
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
Insurance
Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty. 16 November 2017
Insurance
Dutch trade credit insurer Atradius has established new offices in Bulgaria and Romania to further expand its international presence. 16 November 2017
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