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Insurance
Digit Insurance is buying a 100 percent stake in Indian private reinsurance company ITI Reinsurance (ITI Re) for about INR 500 crore ($72.8million), according to an Economic Times report citing “a person familiar with the deal.” 2 July 2018
Insurance
Losses to the insurance industry are the highest ever for bushfires for seven consecutive days. 17 February 2020
News
Everest Reinsurance (Bermuda) has appointed new senior underwriters, Luke Armitage and Emma Gairdner, in its London team. 12 October 2017
Insurance
A court case brought by Arthur J Gallagher (AJG) against the Ardonagh group, for allegedly poaching a team of employees, has highlighted “hostile, unguarded” internal exchanges at AJG. 14 March 2019
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business. 16 September 2019
Insurance
Bermuda-based holding company Ascot Group (AGL) has appointed former RenaissanceRe CEO Neill Currie as its executive chairman. 28 June 2017
Insurance
The chair of Allianz’s board, Michael Diekmann, has stepped down following the company’s annual general meeting. 7 May 2015
Insurance
The cyber threat to supply chains and industrial control systems is growing exponentially as a result of the rapid rise in computing power. Add to this the increased use of internet of things devices and prevalence of 5G and there is the potential for something of a perfect storm of risk. Jenna McGrath, senior cyber economist at CyberCube, explains the key threat factors and how the insurance industry can respond. 14 April 2021
Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best. 26 March 2018
Alternative Risk Transfer
Sole Indian reinsurer General Insurance Corporation (GIC) is actively evaluating the feasibility of issuance of catastrophe bonds which may be floated in a different country. 16 May 2014
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