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Insurance

Munich Re’s Hopke views cyber as strategic growth area, despite fact segment is still small

Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe.   22 October 2019

Insurance

Lloyd’s approves Waypoint as A&H coverholder for ArgoGlobal

Waypoint Underwriting Management, has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s.   23 January 2019

Insurance

Lancashire CFO Elaine Whelan to leave after nine years; successor hunt begins

Bermuda-based specialty re/insurer Lancashire Holdings is seeking a new group chief financial officer following the departure of Elaine Whelan next year.   24 May 2019

Insurance

Everest Re CEO explains cat loss miscalculation

Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results.   1 August 2018

Insurance

Why sustainability and ESG are key insurance business issues

Addressing sustainability and ESG is not simply a matter of complying with the rules—it’s essential for insurers’ survival, as panellists in a recent webinar held by global law firm DLA Piper discussed.   26 January 2021

Insurance

Castel appoints binding authority manager

Castel Underwriting Agencies (Castel), a managing general agent (MGA) formation platform, has appointed Mark Sambridge as binding authority manager.   20 July 2016

Insurance

Verisk Launches piCalculator Portal Edition

The solution can help speed up the resolution of personal injury claims.   15 November 2019

Insurance

Lloyd's MGA CFC Underwriting unveils new cyber app

CFC Underwriting, a Lloyd's managing general agent (MGA), has launched a new cyber incident response application for policyholders to notify claims and get specialist support.   6 March 2017

Insurance

Pana Harrison Singapore enters long-term partnership with Mitsui

Mitsui subsidiary MRS will develop an Asia-based global re/insurance broker.   2 January 2020

Insurance

Lloyd’s CFO proposes curtailing broker commission

Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s.   26 January 2018

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