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As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports. 27 June 2019
Insurance
London-based managing general agent (MGA) Pen Underwriting has extended its strategic relationship with re/insurer QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the area of hazardous goods and environmental industries. 16 November 2017
Insurance
Aspen American Insurance Company, a subsidiary of Bermuda-based Aspen Insurance Holdings, has formed a strategic alliance with US Risk to offer a specialty insurance product for the marine industry in the US. 11 April 2017
Insurance
Willis Towers Watson has appointed Roger Steel as managing director for Hong Kong and Macau, along with two other key hires for its Corporate Risk & Broking and Talent & Rewards businesses in Hong Kong. 23 February 2018
Insurance
In what appears to be a new strategic direction for the company, Brian Duperreault, American International Group's (AIG) new CEO, has said he wants to target acquisitions of companies and reduce the pace of share buybacks. 29 June 2017
Insurance
EPIC Holdings, which operates retail insurance broker EPIC Insurance Brokers & Consultants, has appointed Steve Denton as president, reporting to EPIC Holdings CEO John Hahn. 11 April 2018
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Loss adjuster McLarens has expanded its All-Ireland casualty team with the appointment of liability adjusters Ruairi McMullin and Eoin Hanratty in Dublin. 10 November 2017
Insurance
Private equity firm JC Flowers said that it finalized the acquisition of UK General Insurance Group on May 24, following regulatory approval. 25 May 2017
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