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Cyber risk is now second biggest worry of firms – yet majority also unprepared
Insurance
Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies.   21 September 2018
Insurance
Nearly half of global insurers expect to acquire new technologies through mergers and acquisitions (M&A) in the next three years, according to a Willis Towers Watson survey.   17 February 2017
Insurance
Singapore’s growth as a speciality lines reinsurance hub over the last five years means it could soon be comparable with other reinsurance hubs such as London, Bermuda and Zurich.   13 February 2013
Insurance
Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance.   16 January 2018
Insurance
Aon Benfield, the global reinsurance intermediary, has appointed Martin Soto Quintus as chief executive officer (CEO) of its Chile operations.   7 June 2016
Insurance
Cyber attacks like the ransomware dubbed ‘WannaCry’, which has hit hundreds of thousands of businesses around the world in recent months, have highlighted that businesses must first properly understand and assess the risk before they purchase the necessary insurance, according to Julia Graham, deputy-CEO and technical director at Airmic, the UK’s risk management association.   9 June 2017
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best.   5 June 2017
Insurance
Lombard Odier Investment Managers (LOIM), the institutional asset management arm of Lombard Odier Group, has appointed an insurance-linked strategies (ILS) team.   11 August 2015
article
Specialist insurer Ecclesiastical has appointed Mark Matthews as risk management director in its UK general insurance business.   15 October 2014
News
Hannover Re posted a remarkably bullish set of results in the first half of 2017 enjoying growth in profits and gross written premiums despite an “intensely competitive” property/casualty market and its performance in life and health reinsurance “not entirely satisfactory”.   10 August 2017

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