News
Insurance
A modeled single-event cyber catastrophe would generate “meaningful to significant” gross losses for three of the top 20 cyber insurance providers, ranging from 15 percent to 119 percent of these companies’ estimated 2022 policyholder surplus under a stress-test scenario, according to AM Best. 21 August 2018
Insurance
Validus Holdings has agreed to buy the crop insurance general agent of Archer Daniels Midland (ADM) for $127.5 million in cash. 31 January 2017
Insurance
Globe Underwriting, a UK based managing general agent (MGA), has created a new marine division, led by Peter Rogers as head of marine and David Dymond as head of underwriting. 23 May 2017
Alternative Risk Transfer
Peer-to-peer insurer Lemonade has appointed William (Bill) Latza as its chief compliance officer and general counsel. 1 November 2016
Insurance
The software will stress test Hiscox’s book of global commercial insurance business. 13 January 2020
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York. 22 August 2019
Insurance
Re/insurer International General Insurance (IGI), a Dubai-based insurance group with operations in Bermuda and London, has posted strong results for 2014 as it benefitted from a hike in profits and strong revenue growth. 29 April 2015
Insurance
MGAs hear how to prevent costly problems in the insurance supply chain. 30 June 2022
News
The appointments, effective March 1, aim to fuel further growth. 16 January 2020
Insurance
Czech Republic-based reinsurer VIG Re has appointed Aleš Mirnik as new head of Central & Eastern Europe, succeeding Petr Štěpán. 19 July 2019
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