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News
Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states. 15 August 2018
Insurance
Cyber insurance is one of the fastest growing business segments, but poses a unique set of challenges, as proved by the recent global ‘WannaCry’ cyber attack which hit more than 150 countries and affected computers in factories and hospitals. Intelligent Insurer explores four threats making insurers rethink their coverages and general approach to cyber. 17 May 2017
Insurance
Lloyd’s insurer Beazley has partnered with the corporate insurance partner unit of Munich Re to offer protection for the digital assets and IT infrastructure of the world’s largest companies. 11 April 2016
Insurance
The Association of British Insurers (ABI) has made four new Board appointments. 23 May 2016
Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings. 6 July 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive director to support its expansion and growth plans. 14 May 2018
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed solid growth in the first three months of 2014 in what it described as a challenging rating environment as it targeted more speciality classes of business. 14 May 2014
Insurance
Insurance broker Lockton has hired a new producer from Aon to join its Kansas City operation and manage client risks. 31 August 2017
Insurance
Organisations are facing an increased threat to their operations from fraudulent instruction scams, according to claims data recorded by cyber specialised insurer Beazley. 5 February 2018
Alternative Risk Transfer
The amount of capital dedicated to writing reinsurance will increase to an estimated $427 billion in 2017, compared with $420 billion in 2016, according to AM Best. 5 February 2018
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