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Insurance
A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and cyber risk analytics modelling firm Cyence.   17 July 2017
Hartford CEO seeks acquisitions in commercial, specialty
Insurance
The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks.   30 July 2018
California wildfires will cost insurers $9bn: insurance commissioner
Insurance
The recent wildfires in California will cause some $9 billion in insured losses, making them the deadliest and costliest wildfire catastrophes in California's history, according to California’s insurance commissioner Dave Jones.   13 December 2018
Insurance
Re/insurers can capitalise on a growing capital efficiency gap caused by the impact of climate change if they can educate buyers and develop products able to solve some of these challenges, according to Greg Lowe, global head of resilience and sustainability at Aon, in a new report called ‘Weather volatility and chronic climate risk: a growing capital efficiency gap.’   13 December 2018
Insurance
The US Congress has enacted a short-term extension to the National Flood Insurance Program (NFIP) through November, preventing the programme to lapse during peak hurricane season.   26 July 2018
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states.   23 October 2018
Insurance
Trade credit insurer Euler Hermes has announced two senior executive appointments in its Asia Pacific region.   18 August 2017
Risk Management
Strong relationships with insurers are now more important than ever.   15 September 2020
Insurance
The potential for hedge fund reinsurers may be waning as a challenging investment environment, a soft market and sophisticated clients challenge the business model. Intelligent Insurer reports.   25 October 2016
Insurance
RMC Group, a provider of insurance, risk management, retirement and actuarial consulting services, has opened two new offices in the UK as it seeks growth in both the UK and Europe.   23 August 2017

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