News

Insurance

Lloyd’s and Bermuda to collaborate on risk, innovation and more

The two major insurance and reinsurance hubs to align on sharing risk expertise.   29 May 2024

Insurance

Regulation proves more hindrance than a help for developing the cyber market

Regulation is proving a mixed blessing for the cyber insurance industry as it seeks to develop new products and grow scale. It promises a standardisation that it doesn’t always deliver. That was the message from a panel on the first day of Intelligent Insurer’s Cyber Risk and Insurance Innovation USA conference, taking place in Chicago.   29 May 2024

Insurance

SRG races into motorsports with Allianz/AXA/Travelers pedigree

Its MGA has hired Allianz’s business head for international motorsport.   29 May 2024

Insurance

Going their own way: Insurers warned they must not rely solely on modellers

Closing the insurance gap is a critical challenge for cyber coverage, says Brittany Baker, VP of solution consulting for modelling specialist CyberCube.   29 May 2024

Insurance

Pen shores up marine expert from Lockton as it ‘looks to diversify’

The MGA has increased its investment in Lloyd’s, and its marine risk coverage in conflict zones.   29 May 2024

Insurance

Sompo builds 3Y plan with eye to shift into softening markets

‘I believe we are entering a softening market,’ James Shea said of a 2026 margin target.   29 May 2024

Reinsurance

Ariel Re expands ‘first ever’ Technology Performance Insurer at Lloyd’s

It says the demand for clean energy TPI and insurers’ commitment to the sector has gone up.   29 May 2024

Insurance

Ex-Swiss Re leader appears at hyperexponential after brief stint at Sompo to lead US launch

The UK insurtech is foraying into the US market and launching an ambitious hiring plan.   29 May 2024

Risk Management

Mosaic & other Lloyd’s syndicates partner to launch new $25m cyber facility

It aims to offer ‘highly specialised’ risk assessment and quantification to drive next gen of cyber underwriting.   29 May 2024

Insurance

SiriusPoint expands board with former XL C-suite leader

Appointee brings ‘strategic thinking’ to the board, chair Masojada says.   29 May 2024

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