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Insurance
Insurance broker Marsh has appointed Kevin Richards to a newly created role of global head of cyber risk consulting. 9 July 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has bought the remaining 51 percent share in WNC Holdings that it does not already own. 9 July 2018
Insurance
McLarens, a global loss adjuster specialising in complex and commercial claims, has expanded its property loss adjusting division with an office in Perth, Australia while appointing Desmond Lee as executive loss adjuster. 9 July 2018
Insurance
The US cyber insurance premiums expanded 37 percent year on year to $1.84 billion in 2017, according to Aon’s US Cyber Market Update report. 9 July 2018
Alternative Risk Transfer
Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re on behalf of Frontline Insurance. 9 July 2018
Insurance
ACORD, the global standards-setting body for the insurance industry, has released the industry’s ‘first standard’ for cyber data breach. 9 July 2018
Insurance
Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources. 29 June 2018
Insurance
Digital all-round insurer ONE and Munich Re have created a joint venture called ONE Coach which will enable customers to monitor in real time how their individual lifestyle choices affect their risk assessment score, according to a company statement. 28 June 2018
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London. 27 June 2018
News
The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term. 25 June 2018
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