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Norway's Protector Forsikring, the insurer on the London tower block that has been devastated by fire today (Wednesday June 14), has confirmed that all its property claims in UK and in the Nordic market are covered by Munich Re. 14 June 2017
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
Lloyd’s is losing market share in emerging markets including high-growth Asia and may face conflicts with members if it wants to regain business in the region, says Steve Jackson, partner at Rainmaker International, a Brokerslink specialty member. 14 June 2017
Insurance
The Singapore Reinsurers’ Association (SRA) has re-elected Validus Re’s CEO of Asia Pacific and executive vice president Marc Haushofer as the chairman of its executive committee for another term. 14 June 2017
Insurance
Insurers are grappling with the quantification of the damage to a business’s reputation that arises from a cyber attack, as this is not currently covered in cyber policies across the industry. 14 June 2017
Insurance
The General Data Protection Regulation (GDPR), which is set to come into effect in the UK on May 25, 2018, is driving good reporting behaviour as businesses become increasingly digitised and the reporting of data breaches becomes mandatory. 14 June 2017
Insurance
US-based property/casualty firm Hanover Insurance Group has expanded its business in Pennsylvania to include personal lines insurance, and has appointed a group of independent agents in the Commonwealth to serve its growing customer base. 14 June 2017
News
Target Group, the financial services outsourcing and software provider, has appointed Iestyn Evans as the group’s new chief financial officer (CFO). 14 June 2017
Insurance
The London Market, along with its flagship Lloyd’s, is falling behind in the important high-growth Asian insurance market as well as in major emerging markets such as Latin America. 13 June 2017
News
Swiss Re Corporate Solutions has appointed Melanie Slack as chief executive officer (CEO) of its Australia and New Zealand operations. 13 June 2017
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