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Zurich, Mondelez case to test cyber insurance
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack.   15 January 2019
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation.   12 June 2018
Insurance
Commercial insurance provider CNA has appointed Al Miralles to replace Mark Verheyen as its new chief risk officer (CRO).   16 November 2017
News
Syndicate Research (SRL) has downgraded the A-^ (Good) Continuity Opinion of Lloyd’s Syndicate 2001 (MS Amlin Underwriting) to B+^ (Above Average) following the announcement of its 2017 annual results and put it under review for further possible downgrade.   17 April 2018
Insurance
It provides insurance solutions for the full lifecycle of renewable energy risks worldwide.   28 November 2019
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million.   25 May 2017
Insurance
The AXA XL revenues were up by 10%, with a combined ratio of 101.5%.   20 February 2020
Insurance
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings.   31 August 2018
Insurance
The capital commitment will fund Ki’s expansion as it launches in the fourth quarter of 2020.   17 September 2020
Insurance
Willis Towers Watson has appointed Janet Pane as head of global services and solutions (GSS) within its corporate risk and broking segment.   10 November 2017

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