News
Insurance
Insurers must get better at sharing information and working together if they are to successfully tackle the challenges and opportunities posed by cyber risk. 16 November 2016
Insurance
Insurers should see cyber risk as an opportunity for growth – if the industry can better understand and price this risk. 16 November 2016
News
Munich Re has reported a loss in its property/casualty reinsurance unit of €476 million due to high levels of natural catastrophes. 15 March 2018
News
Swiss Re plans to increase its regular dividend and authorise a new public share buy-back programme of up to Sfr1 billion ($1 billion) at its Annual General Meeting of shareholders set for April 20, 2018. 15 March 2018
Insurance
Bermuda-based life reinsurance specialist Scottish Re Group has started the implementation of a sale and restructuring plan for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company (SALIC), and its US subsidiary, Scottish Holdings (SHI). 29 January 2018
Insurance
Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC. 10 September 2017
Insurance
New UK regulations designed to enable an insurance-linked securities (ILS) market in the London Market could have the potential to be a game-changer for parts of the ILS markets but much still depends on how the Prudential Regulation Authority (PRA) adopts and embraces the concept, with the regulator having the potential to make or break the market. 10 September 2017
Insurance
Signal Administration, a workers’ compensation mutual manager which is part of Charles Taylor company, has hired a former vice president from Willis Re as chief underwriting officer. 11 April 2017
Insurance
White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated. 8 August 2018
Insurance
Bermuda-based run-off firm Catalina Holdings said on Oct. 17 that private equity firm Apollo Global Management has signed a definitive agreement to acquire a majority shareholding in the company. 17 October 2017
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