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Insurance
Reinsurers and large insurers are at risk of being hit by unexpectedly large losses stemming from a large cyber attack on a par with substantial hurricane losses in the US—because they do not understand their aggregations to this exposure.   16 October 2017
Insurance
Howden, part of the Hyperion Insurance Group, has acquired Birmingham-based insurance broker Perkins Slade Forrest.   11 August 2015
Innovation may boost insurance revenues by $375bn
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture.   13 February 2018
Insurance
Arthur J Gallagher (AJG) has acquired Minnesota-based retail insurance broker James R Weir Insurance Agency.   22 May 2015
Insurance
XL Catlin has introduced active assailant coverage to its crisis management product suite to respond to the threat of physical attack faced by businesses and public service providers.   2 March 2016
Insurance
The US branch of Generali Group’s Global Corporate & Commercial business unit has launched a new property insurance product for US multinational corporations.   13 April 2016
Alternative Risk Transfer
Bermuda has solidified its place as the go-to location for insurance-linked securities in recent years, according to Brad Adderley, corporate partner at offshore law firm Appleby.   30 August 2018
Insurance
Catastrophe modelling firm AIR Worldwide has estimated that industry insured losses from the earthquake that struck Chile’s central coast near Illapel on September 16 will be between CLP 400 billion ($600 million) and CLP 600 billion ($900 million).   22 September 2015
Insurance
Arthur J Gallagher (AJG) has acquired retail insurance broker Madison Risk & Insurance Services.   17 April 2015
Insurance
Data services provider emapsite has launched a geocoded perils model enabling insurers and underwriters to assess the subsidence risk for every property in the UK.   15 October 2015

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