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The fear of an impending cyber attack driven by a series of high-profile breaches has led to a surge in the demand for cyber insurance, with many insurers now broadening the scope of the coverage offered. But this also brings challenges, as Intelligent Insurer finds. 26 January 2017
Insurance
Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor. 27 September 2018
Insurance
US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale. 27 September 2018
Insurance
The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida. 2 May 2018
Insurance
Tokio Marine Group has revealed its plan to set up an insurance company in Luxembourg for writing European business after Brexit. 6 September 2017
Insurance
A year after a full-scale restructuring, Munich Re subsidiary ERGO claims to be more efficiently structured, and intends to contribute more than €600 million in to the long term to the annual net profit generated by its parent. 2 June 2017
Insurance
Deutsche Rück has negotiated better conditions with its cedants in fire/property insurance in Germany. 2 June 2017
Insurance
The US domestic professional surplus lines (DPSL) insurers posted a combined ratio of 107.8 percent in 2016, its highest in 10 years excluding 2012 which was impacted by Superstorm Sandy, AM Best said in a Sept. 5 report. 5 September 2017
Insurance
Crawford & Company, a provider of claims management solutions, has sold its legal administrative services unit Garden City Group (GCG) to legal services company Epiq. 19 June 2018
Insurance
Insurance brokerage and risk management firm Risk Strategies has acquired California-based employee consulting and benefits brokerage Craford Benefit Consultants. The deal expands its geographic footprint and builds expertise in complex cases and financial modelling. 19 June 2018
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