Reinsurance
Cyber Rates Could Double Within Two Years as Attacks Soar: S&P
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance, according to a report ...
Britain’s Financial Sector Wants Relaxed Visa Requirements for Overseas Staff
Britain's financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global ...
Climate Change Returns as a Top Insurance Industry Concern
Climate change has returned to the top of the list of insurers' biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global ...
United Nations Development Arm Starts Disaster Insurance Program
The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural ...
InsurTech NY Debuts Index Scoring Carrier Willingness to Partner With Startups
InsurTech NY is debuting an index that scores insurance and reinsurance companies on their willingness and ability to partner with industry-related tech startups. The organization, which bills itself ...
Investors Return Goals at Odds for Reinsurers, Cat Bonds
Investors in insurance-linked securities are leaning toward structured catastrophe bonds rather than broader ILS instruments to steer away from unexpected losses from secondary perils, experts ...
U.S. Flood Insurance Market Slowly Transitioning to Private Carriers: AM Best
The country's flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government's program for those seeking coverage, according to a new AM ...
Executives On The Move at Arch, SiriusPoint and Aviva
Arch Insurance International has appointed a new General Counsel. Global specialty insurer/reinsurer SiriusPoint Ltd. named a new Chief Actuary. UK insurer Aviva promoted a veteran executive to the ...