Articles
Insurance
The direct cyber incident losses for the Marriott breach will be between $200 million and $600 million, according to estimates by catastrophe risk modelling firm AIR Worldwide. 19 December 2018
Insurance
In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”. 1 May 2019
Insurance
Reinsurer Munich Re has elected former CEO Nikolaus von Bomhard as the new chairman, and Anne Horstmann as deputy chairman of the supervisory board. 1 May 2019
Insurance
The Guernsey International Insurance Association (GIIA), the representative body of Guernsey insurers and insurance managers, has signed a Memoranda of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 28 June 2016
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has bolstered its casualty division with senior hires from Chaucer Syndicates and QBE. 15 March 2018
Insurance
UK's MIB (Motor Insurers' Bureau) has appointed Dominic Clayden as its new CEO and board executive director, succeeding Ashton West OBE. 15 March 2018
Insurance
Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director. 17 December 2018
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
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