Prolific ransomware attacks have driven losses, but there’s more markets and carriers in the space than ever before, says Intelligent Insurer panel.
Insurers seem to be picking up the tab for technology design errors and tweaks, says expert at an Intelligent Insurer discussion.
‘No COVID-19 impact on Q2 underwriting results’ but pandemic has hit investment income, firm reports.
European re/insurers are leading the charge towards forcing the eventual abdication of 'king' coal. How successful will the industry be in toppling the age-old monarch of fossil fuels, and why are climate campaigners still frustrated? Intelligent Insurer investigates.
Many re/insurers understand the value and potential of data but leveraging its full potential requires a systematic approach designed to achieve very specific outcomes, says Meghan Anzelc, chief analytics officer, AXIS Capital.
AXIS Capital is among the top five players in cyber globally by premium written, and the Bermuda-based insurer has appetite for more and plans to grow faster than the market in the coming years, as Dan Trueman, chief innovation officer and cyber unit head, tells Intelligent Insurer.
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay.
It’s time for insurers to wake up to the reality of their role in protecting companies from the fallout from cyber attacks, says Dan Trueman, the global head of cyber at AXIS Insurance.
Eighteen months since it walked away from a bidding war for PartnerRe, Axis Capital has completed a new deal with Novae. Albert Benchimol, chief executive of Axis Capital, explains to Intelligent Insurer why the company has never diverted from plan A, his view on third party capital and why he will sometimes send a client a cheque before a claim has been made.
AXIS Capital’s acquisition of Novae Group defies critics that believe that the London Market has become overly expensive and unattractive.