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Insurance
Energy executives are increasingly concerned about the impact of cyber-attacks on their operations, according to insurance broker Marsh. 7 March 2018
Insurance
UK insurer Esure has seen its reinsurance costs rising by 33 percent during renewal in 2017 due to the UK’s Ogden personal injury discount rate change. 7 March 2018
Insurance
Chris Branch, the former global head of Beazley's life, accident and health division, has joined US-based Avoca Risk Underwriting Solutions (ARUS) where he will work with the executive team and Avoca group shareholders. 7 March 2018
Insurance
The written premium for the commercial cyber liability market is estimated to reach $6.2 billion by 2020 with annual take-up rates growing 20 to 30 percent during the next years, according to a report by data analytics provider Verisk. 7 March 2018
Insurance
Excel in Business (EiB) is holding a one day interactive conference for MGAs, insurers and brokers grappling with digitization. 7 March 2018
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
Insurance
Nicola Harris joins XL Catlin from Allianz Global Corporate & Specialty where she was head of energy & marine, based in Dubai since 2014. Prior to that, she held a number of roles at Marsh in London and then Cape Town, where she was appointed regional leader for power & energy in 2011. 6 March 2018
Insurance
Two subsidiaries of Sompo Japan Nipponkoa Insurance will merge as the companies seek to address “challenges” in the property/casualty insurance industry in Japan and create efficiencies and improved profits. 6 March 2018
News
Cayman Islands-based Greenlight Capital Re has launched its new innovation unit, headed by chief operating officer Michael Belfatti. 6 March 2018
Insurance
Lloyd’s managing agent AEGIS London has hired Carrie Trudeau to manage claims notified by its Canadian coverholders. She joins from Crawford & Company (Canada), where she was director of Lloyd’s and dedicated units. 6 March 2018
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