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The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Insurance
Bermuda re/insurer Sompo International has secured regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary in the country – a move it made to deal with the UK leaving the European Union. 23 April 2018
Insurance
Travelers Europe has launched a new product it says will provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies in the UK and Ireland. 4 January 2018
Insurance
Willis Towers Watson has appointed Alexis Faber as chief operating officer within its corporate risk and broking segment. She will transition from her current role as global head of financial lines. 6 March 2018
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
ArgoGlobal, a Lloyd's insurer and member of Argo Group, has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia. 5 March 2018
Insurance
Broker JLT has joined the London Market’s electronic placing platform Placing Platform Limited, according to an Oct. 30 statement. 1 November 2017
Insurance
OneBeacon Insurance Group's specialty business OneBeacon Surety Group has revealed key leadership changes in the US. The company has also expanded its surety bond capacity up to $250 million for qualifying clients. 13 June 2018
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals. 30 October 2018
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