Industry News
The Latest Launches From Willis Towers Watson and Planck/Republic Indemnity
Willis Towers Watson said it is marketing an updated version of its Radar pricing software. Great American Insurance Group member Republic Indemnity has completed a pilot project with Planck, an ...
Down From Heady Highs, the U.S. Cyber Insurance Market Still Grew 8 Percent in 2018
The U.S. cyber insurance market dropped from robust, double-digit growth in 2017 to a still-healthy single-digit increase in 2018, Fitch Ratings said. For 2018, direct written cyber premiums grew 8 ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
Three Aspen Execs Depart, Others Promoted; UK MGA Placed in Runoff
Aspen Insurance Holdings Ltd. disclosed the departure of some veteran executives and the promotion of a number of others as part of a broad revamp of its leadership and operations. The Bermuda-based ...
Tornado Surge Struck U.S. in April; Strong Storms Also Hit Other Global Locales
An elevated number of tornadoes in the U.S. contributed to a substantive list of global natural catastrophes in April, according to Aon's latest monthly Global Catastrophe Recap report. Standout ...
Introducing CM Risk Alerts; Risks vs. Non-Risks
Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are likely to fall into some landmines. What insurance and organizational risks of ...
Lloyd’s Hopes Independent Survey Can Help Change Culture of Harassment
Lloyd's of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world's oldest insurance market. The ...
Scor CEO Calls for ‘Richter Scale’ for Cyber; Sees Costs Soon Topping Disasters
Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer Denis Kessler said, recommending the industry build a ...
G7 Nations Plan Simulated Cross-Border Cyber Attack on Finance Sector in June
Leading Western industrial powers will for the first time jointly simulate a major cross-border cybersecurity attack on the financial sector next month, French officials said on Friday. The exercise, ...