Articles

Insurance

SoftBank seeks Swiss Re board seats: report

Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report.   19 February 2018

Insurance

Starr appoints chief underwriting officer for liabilities group

Insurance firm Starr Companies has appointed Nick Lawrence as chief underwriting officer for the liabilities group.   4 September 2017

Insurance

Sapiens launches new software for P&C and GI customers

Sapiens, the global provider of software solutions for the insurance industry, has launched its Sapiens IDIT Software Suite v13.1 to its property and casualty (P&C)/general insurance (GI) customers and business partners worldwide.   15 March 2016

Insurance

Commercial insurance pricing up in Q2

Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh.   9 August 2018

Insurance

Liberty appoints senior war and terrorism underwriter from Sompo

Liberty Mutual Insurance unit Liberty Specialty Markets (LSM) on Oct. 31 appointed Jennie Beard to the new role of senior underwriter war and terrorism.   31 October 2017

Insurance

Swiss Re exec to serve in senior role at CGSC

Cooper Gay Swett & Crawford (CGSC) has appointed Alejandro Padilla as general manager and head of broking for Mexico, Central America, Puerto Rico and the Dominican Republic.   9 July 2015

Insurance

AJG acquires professional liability MGA

Arthur J. Gallagher (AJG) has acquired New Jersey-based managing general agent (MGA) The Plus Companies (TPC).   16 June 2014

Insurance

AJG: Ethiopian Airlines / Boeing crash to cost insurers over $1bn

The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated.   16 July 2019

Insurance

Willis Re attempts to add ‘silent cyber’ to risk model

Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include what it has termed silent cyber – cyber losses arising from insurance policies not specifically designed to cover cyber risk.   9 January 2018

Insurance

Rising demand driving rapid growth in cyber insurance market: Moody’s

The cyber insurance market is growing rapidly in response to a growing demand for protection, driven by an increasing severity and frequency in data breaches.   20 November 2015

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