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Cyber attacks like the ransomware dubbed ‘WannaCry’, which has hit hundreds of thousands of businesses around the world in recent months, have highlighted that businesses must first properly understand and assess the risk before they purchase the necessary insurance, according to Julia Graham, deputy-CEO and technical director at Airmic, the UK’s risk management association. 9 June 2017
News
The growth of the economy in the Latin American region is, on average, now very modest and cannot compensate for the continuing downward trend for most lines of insurance in terms of pricing, especially, those that are property linked such as property, terrorism, marine and power generation. 16 November 2015
Insurance
Re/insurer Brit has invested in Ambridge Partners, a managing general underwriter (MGU) of transactional insurance products and a key trading partner of Brit for the past nine years. 24 September 2015
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Insurance
Brit, the global specialty insurer, has now completed its move to The Leadenhall Building on Leadenhall Street, London EC3V. 17 February 2016
Insurance
One of the founders of a startup that captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data has highlighted the Asian markets as a key target for the company, which has raised more than $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play. 31 October 2017
Insurance
An event exploring how insurers can use innovation to gain a competitive advantage in their commercial lines. 9 August 2022
Insurance
London market insurers will continue to face pressure on their underwriting margins due to fierce competition, according to a new report by Fitch Ratings. 18 December 2015
News
Reinsurance broker Guy Carpenter has established a new EMEA Advisory Council to support its growth plans in the region. 13 January 2016
Insurance
Re/insurance broker BMS Group has appointed David Battman as head of international. He will take up the role at the beginning 2016. 14 September 2015
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