Articles

Insurance

AM Best warns over cyber challenge for insurers

Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best.   13 April 2018

Insurance

Willis faces securities class action suit over Towers merger

Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release.   23 November 2017

News

Willis Re appoints Ingle as head of analytics

Brian Ingle will lead the analytics team for Willis Re North America following Alice Underwood’s appointment as head of risk consulting and software (RCS) business, the company announced today.   30 June 2017

Insurance

R&Q sells Norwegian subsidiary

Randall and Quilter Investment Holdings (R&Q) has sold the entire issued share capital of its Norwegian service company R&Q Triton to Gabler.   30 June 2017

Insurance

Cyber risk management not keeping up with threat

Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event.   16 February 2018

Insurance

XL Catlin taps QBE exec to head cyber and technology, international

Re/insurer XL Catlin has appointed James Tuplin as head of cyber and technology for its international region, which excludes the US, Canada and Bermuda.   21 March 2017

Insurance

Willis launches DACH fac reinsurance hub with Mapfre hires

Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland.   4 October 2017

Insurance

M&A activity in re/insurance on the rise

The combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to speculation of more mergers and acquisitions (M&A) among re/insurers in 2018, especially in the Bermuda market, says Fitch Ratings.   12 February 2018

Insurance

Deteriorating underwriting performance leads to negative outlook on Lloyd’s

Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market.   29 June 2017

Insurance

Barbican unveils US E&S property MGA with Ariel Specialty hires

Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty.   16 November 2017

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