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Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC. 10 September 2017
Insurance
Jardine Lloyd Thompson Group posted solid growth, including in its reinsurance unit JLT Re, and improved profits in its preliminary results for 2017. 28 February 2018
Insurance
The cyber insurance market has not developed as much as it should have in the past 20 years and remains “frustratingly immature”, Inga Beale, CEO of Lloyd’s, told delegates at the Organisation for Economic Cooperation and Development (OECD) conference in Paris last week. 28 February 2018
Insurance
Munich Re/HSB Ventures, the corporate venture capital arm of Munich Re, has made an investment in an insurtech start-up company set to launch the first on-demand insurance platform, to support the on-demand economy. 4 October 2016
Insurance
European run-off insurance company DARAG has strengthened its core team with three senior appointments including Mike Trotman as chief financial officer (CFO), Alex Roth as head of M&A, and Jim Wilson as group chief transaction officer. 7 September 2017
Awards
JLT Towers Re took the top spot of best reinsurance broker for expertise and market knowledge with revenues of less than $1billion with a score of 6.32 out of 10. 14 September 2014
Insurance
Deal volumes in mergers and acquisitions (M&A) are likely to be lower this year as merger activity takes a break because the industry is focusing on developing strategies and rebalancing portfolios in line with Solvency II rules. But there are many reasons to believe that activity is going to pick up again soon. 6 October 2016
Insurance
Channel Syndicate 2015 at Lloyd’s has made a series of appointments within the international and North American lines of its property direct and facultative (D&F) division, with Claudia Adkins named as its head. 1 September 2016
Insurance
PwC has appointed Lindsay J’afari-Pak as a partner to lead the firm’s tax services to the life insurance industry. 4 September 2013
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman. 1 October 2018
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