Articles

Insurance

Cyber-attacks on business email accounts rise

Attacks targeting business email accounts continued to climb in the second quarter with email compromises accounting for 23 percent of breaches reported to the Beazley Breach Response (BBR) Services team, according to the Q2 Beazley Breach Insight Report.   31 July 2018

Insurance

CNA CEO refocuses Lloyd’s syndicate for international turnaround

CNA Financial Corporation’s CEO Dino Robusto wants to turn around the international business unit by refocusing the Lloyd’s Hardy syndicate.   31 July 2018

Insurance

Arch provides capacity to new insurtech MGA C-Quence

New insurtech managing general agent (MGA) C-Quence has secured underwriting capacity from Arch Insurance Company (Europe).   31 July 2018

Technology

Bought By Many embraces the API economy

Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion.   31 July 2018

Insurance

ARAG appoints Bristol CII president to key underwriting role

Germany-based legal expenses insurance provider ARAG has appointed Chris Morter to the role of before-the-event (BTE) underwriting manager.   30 July 2018

Insurance

DARAG secures €260m capital for global growth

DARAG, a European legacy acquirer owned by Keyhaven Capital Partners, has secured an equity funding of up to €260 million to support growth plans for the business.   30 July 2018

Insurance

Liberty eyes Nordics expansion with newly created role

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is looking to expand its reach in the Nordic region, allowing it to underwrite and service more business through its office in the Netherlands.   30 July 2018

News

SCOR claims size allows it to better manage pricing pressure

Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge.   27 July 2018

Insurance

IUA unveils new contract continuity clause for 'no-deal' Brexit

The International Underwriting Association (IUA) has published a new Brexit contract continuity clause with a supporting document for when risks are underwritten on a subscription market basis.   27 July 2018

Insurance

China’s Fosun weighs €9bn Ageas takeover

China’s Fosun International is considering an offer for all or parts of Belgian insurer Ageas, according to a Bloomberg News report citing “people familiar with the matter”.   26 July 2018

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