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Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers. 5 June 2017
Insurance
Cuvva, a start-up reinsured by Swiss Re, has launched a new car insurance cover targeting low-mileage users. 25 January 2017
Insurance
Peers should look at how the situation arose at insurance and reinsurance specialist Dewey & LeBoeuf which led to its demise and take heed. 29 May 2012
Insurance
American International Group (AIG) expects double-digit rate increases across the property market while the costs of the California wildfires are estimated at around $500 million before taxes. 6 November 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
Property/casualty insurer Chubb has enhanced its financial lines covers in the UK and Ireland. 8 May 2017
Insurance
The launch of a cyber insurance start-up by a former US Secretary of Homeland Security confirms the potential in this tricky yet potentially lucrative line of business for insurers. Intelligent Insurer reports. 27 November 2014
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
Specialist re/insurance broker BMS Group has launched a new European venture, BMS Iberia, under former Marsh Spain and Aon executives. 6 September 2017
Insurance
Pan-Asian life insurance group AIA said on Sept. 21 that it reached an agreement with the Commonwealth Bank of Australia to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand. 21 September 2017
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