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Businesses could face a much higher bill than they expect or are prepared for after falling victim to a cyber-attack, according to new research from Lloyd’s, released just after the latest Petya cyber-attack. 28 June 2017
Insurance
The loss estimate for tropical cyclone Debbie has increased to AUD1,41 billion ($1.07 billion), according to data provider Perils. 28 June 2017
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Watson as credit and political risk underwriter. 28 June 2017
Insurance
US-based commercial insurance provider CNA has appointed Gregg Fergot as vice president, underwriting, leading the company's technology segment and implementing its strategic and operational objectives. 28 June 2017
Insurance
Specialty insurer Newline Group, a unit of Odyssey Re, has launched a new business line focused on the UK and international affinity and special risks products. 28 June 2017
Insurance
Specialist insurer Beazley has expanded its team focused on US management liability risks with the appointment of underwriter Jason Lowney. 28 June 2017
Insurance
Mutual marine liability insurer North P&I Club has appointed Andrew Hearne as deputy director of underwriting, based in its head office in Newcastle upon Tyne. He will initially work with North’s European team. 28 June 2017
Insurance
Arch Insurance, a part of Bermuda-based Arch Capital Group, has expanded its travel business unit with the appointment of Cory Sobczyk and Dan Povondra as vice presidents of business development, and Lynn Barty as regional sales director. 28 June 2017
Insurance
Australian insurer IAG said on June 28 that a preliminary review of the financial year ending June 30, 2017, indicates reserve releases of at least 5 percent of net earned premium. 28 June 2017
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