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Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers. 30 September 2019
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has appointed André Eichenholtz as the leader of its portfolio solutions group. 30 September 2019
Insurance
According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future. 30 September 2019
Insurance
Bermuda-based AXIS Capital Holdings has appointed Martin McCarty as the company’s global treasurer. 30 September 2019
Insurance
Verisk Analytics, a major supplier of products to the insurance industry, has been stopped from selling some of its products in the United States and ordered to pay $125 million by a court, which said the company had willfully infringed patents. 27 September 2019
Insurance
Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years. 27 September 2019
Insurance
New Energy Risk, an affiliate of global insurer AXA XL, has made several key hires and promotions to drive its future growth strategy as the company plans expansion into new technology sectors. 27 September 2019
Insurance
AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year. 27 September 2019
Insurance
Broker Willis Towers Watson has appointed Joe Peiser as global head of Broking within its corporate risk and broking segment. 27 September 2019
Insurance
US-based property/casualty insurer The Hartford has appointed Deepa Soni as new chief information officer (CIO), succeeding Mark Esposito, who is retiring after a 13-year career with the company. 27 September 2019
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