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Major ransomware worm attacks such as the recent one dubbed ‘WannaCry’ which hit 150 countries are expected to become more frequent and expose the cyber protection gap in the global economy, according to experts. 15 May 2017
Insurance
Re/insurer ACE’s planned acquisition of The Chubb Corporation is likely to spark even more consolidation in the market. 7 July 2015
Insurance
Charles Taylor has received the go-ahead to launch a managing agency, following regulatory approval from the PRA, the FCA and Lloyd’s. 12 March 2015
News
Latin America presents attractive growth opportunities since insurance penetration remains very low. However, rate development in several key segments has already become a cause for concern for insurers and reinsurers. 16 November 2015
Insurance
A study by Fitch has given more weight to the increasingly widely-held view in the market that many bigger cedants are retaining more business. The rating agency said primary players are becoming more comfortable holding certain risks. 20 October 2014
Insurance
Broker Arthur J. Gallagher (AJG) has acquired Connecticut based American Wholesalers Underwriting (AWU). 25 April 2014
Insurance
While 3 percent GDP growth in the US is possible but difficult to sustain, the talked-about higher numbers are not likely to eventuate, say Vin DeLucia and Michele Matzinger of NEAM. 27 October 2017
News
Munich Re has appointed two new board members. 20 March 2014
Insurance
Ironshore has appointed Norbert Kruger as regional manager of surety for Latin America and the Caribbean. 22 May 2014
Insurance
Redomiciling to Bermuda as a Class 4 licensed reinsurer was an important step for Qatar Re. Four years into its global expansion plans, the company is now an established player, says Luke Roden, head of ceded re & global head of catastrophe. 25 October 2016
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