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Insurance
Bermuda specialty re/insurer Argo Group International Holdings has appointed Bill Wharton to head Argo Insurance Bermuda, and Nigel Mortimer to lead its international casualty business.   9 January 2019
Norway's Norsk Hydro cyber attack losses estimated at $40m; AIG named as lead insurer
Insurance
Norwegian aluminium and renewable energy company Norsk Hydro, which suffered a severe ransomware attack last week, has estimated that total losses from the incident have already reached 300-350 Norwegian crowns (nearly $40 million).   27 March 2019
Insurance
‘This estimate could rise depending on how much further rain falls.’   14 November 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Jonathan Hughes as partner from re/insurance broker Aon.   18 October 2018
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today.   11 September 2018
Insurance
Risk models are good at estimating the losses arising from ‘conventional hurricane events’ but their performance decreases when it comes to more severe or unusual events, according to a study by JLT Re, which analysed the precision of modelled market loss estimates for significant hurricanes since 2004.   12 July 2018
Insurance
Barbican’s David Reeves is one of the few high-profile CEOs in the London Market to openly admit he welcomes the UK’s vote to leave the EU.   7 September 2017
Insurance
Insurance executives in southeast Asian markets are taking a “measured approach” to digitisation, choosing to concentrate on digitising their existing value chains, according to the latest Insurance Pulse survey for the region.   1 October 2019
Insurance
Tokio Marine Kiln, the dual platform provider of specialist and corporate insurance, has launched what it claims is the first comprehensive insurance product for drone insurance in the Lloyd’s market.   6 May 2015
Insurance
Re/insurance broker Aon has partnered with non-profit organisation Oxfam and insurtech start-up Etherisc to launch a blockchain-based agricultural insurance platform for smallholder farmers in Sri Lanka.   1 July 2019

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