Risk & Capital Management
Lloyd’s Possibly Vulnerable to Catastrophic Cyber Attack
A review of almost 400 reinsurance contracts underwritten at Lloyd's of London has revealed potentially significant vulnerabilities and exposures if a catastrophic cyber attack should occur. Analysis ...
Ironshore Tries New $100M IPO Filing; A.M. Best Worries Over Corporate Parent
Ironshore Inc., the insurer purchased by Chinese conglomerate Fosun International Ltd. last year, filed for an initial public offering in the U.S. after a ratings firm cited concerns about the parent ...
Insurer Risk Management: Time for the KISS Approach
Just about every insurance organization on the planet has a variety of siloed systems and methodologies in place to help cope with decades of increasing regulations and other risk-related challenges. ...
The Hartford is Rare Insurer to Protect Investments From Climate Change Risks: Analysis
Insurers manage a large chunk of the world's investment capital, but they're not acting fast enough to protect their investments from the adverse effects of climate change, the Asset Owners ...
Bermuda Insurance Industry Poised for Double-Digit Growth Through 2019
The Bermuda insurance industry is projected to grow at a steady pace as a result of new regulations and consistent growth in external business, such as offshore and captive, according to a new report ...
Carriers Losing Sight of Traditional Cat Risk Exposures: AIR Worldwide CEO
Novel risks of the digital age are not the only ones that property/casualty insurance industry executives should be worried about as they seek to manage insurance and reinsurance portfolios, the ...
Bermuda Market Leaders Assert Their Region is a Post-Brexit Haven
Four leaders of Bermuda market groups quickly issued statements last week to allay any fears that the fallout from the UK's Brexit vote would hit their market as well. "In a global economy, Bermuda ...
‘Systemically Important’ Label Can Be Avoided With New Transparency: Fitch Ratings
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers could help more to proactively stay off the list in the first place. ...