News
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned. 19 June 2019
Insurance
Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991. 19 June 2019
Insurance
S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance. 17 June 2019
Insurance
Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed. 12 June 2019
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
It is a widely held belief that competition is good and monopoly is bad. So why, asks Liberty Specialty Markets’ president and managing director Matthew Moore, does Amazon, with its market dominance, set new standards for service? 5 June 2019
Insurance
Risk managers wondering how underwriters use their data to rate and review risks—and then set their rates—were given a behind-the-scenes look at how Munich Re does it, although Airmic 2019 workshop leader James Cleaver, a corporate insurance partner at the German firm, was careful not to give away all the reinsurer’s secrets. 5 June 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired The Protectors Group (TPG), an Australian retail broker specialising in construction, hospitality and transport coverage for commercial and corporate clients in Greater Western Sydney. 4 June 2019
Insurance
Specialist venture capital fund Eos has partnered with broker Marsh to develop innovative insurtech solutions that will deliver 'actionable intelligence' to drive real-time risk management within the insurance marketplace. 4 June 2019
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