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The Greek economy has been in recession since 2010 and has the lowest level of insurance penetration in the EU. Nevertheless, there are pockets of growth and optimism, says Gerry Tighe, head of treaty at reinsurance broker MATRIX. 12 June 2018
Insurance
Specialty re/insurer Brit has appointed Michael Gould as its new chief operating officer (COO). He arrives from Lloyd's syndicate Talbot Underwriting where he has held the position of COO since 2015. 12 June 2018
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation. 12 June 2018
Insurance
The need for businesses to have chief risk officers (CROs) as a single person to oversee all aspects of risk is greater than ever, says a new report from Airmic and international consultants Oliver Wyman with support from Marsh. 12 June 2018
Insurance
Cyber and IT-related risks have emerged as the top concerns for members, according to the latest Airmic survey. It is also the area where risk managers most want to see the insurance industry extend its offering. 11 June 2018
Insurance
Impact Forecasting, the catastrophe model development team of Aon, has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during May 2018. 11 June 2018
Insurance
A series of commercial global P&C insurance market reports from Aon Inpoint, Aon’s data, analytics, engagement and consulting team, found that, by 2021, the most rapid growth of premiums will be seen in cyber insurance products. 8 June 2018
Insurance
AmTrust Financial Services has amended the merger agreement it has with Evergreen Parent, an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital. 7 June 2018
Insurance
Re/insurer XL Catlin has created an insurance solution for companies with fleets of vehicles that could potentially be used as a weapon in a terrorist attack. 7 June 2018
Insurance
Germany-based insurance start-up Coya has secured nearly $30 million from investors led by Valar Ventures and e.ventures. 7 June 2018
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