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Attacks targeting business email accounts continued to climb in the second quarter with email compromises accounting for 23 percent of breaches reported to the Beazley Breach Response (BBR) Services team, according to the Q2 Beazley Breach Insight Report. 31 July 2018
Insurance
Lloyd’s managing agent of syndicates 1975, 1991, 3330 and 1110, Coverys Managing Agency, has appointed Robert Scott-Stewart as chief information officer and Peter Chambers as chief technology officer. 31 July 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment’s wholly owned subsidiary Accredited Surety & Casualty Company (Accredited) has closed a programme underwriting partnership with Atlas General Services Insurance. 31 July 2018
Technology
Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion. 31 July 2018
Insurance
The California wildfires could noticeably impact exposed insurers' third quarter 2018 earnings results, according to Keefe, Bruyette & Woods (KBW) analysts. 30 July 2018
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has launched a new unit under a former Swiss Re hire to accelerate technological innovations and insurtech partnerships at the company. 30 July 2018
Insurance
The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks. 30 July 2018
Insurance
California's deadliest current wildfire is getting larger, officials warn, despite thousands of firefighters battling it, in what is described as the worst start to the fire season in 10 years, according to a July 30 BBC News report. 30 July 2018
Alternative Risk Transfer
Bermuda-based Hiscox has benefitted from rate increases in the first six months of 2018 but the specialist re/insurer warns that the momentum is slowing down. 30 July 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
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