Insurance Industry Must Wake Up to Costs of ‘Secondary’ Catastrophe Perils: Swiss Re April 12, 2019 By L.S. Howard The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60...
Lloyd’s Cracks Down on Drinking Culture in Market April 10, 2019 By L.S. Howard Lloyd’s continues to tighten up its workplace rules by restricting people from entering Lloyd’s premises who are drunk or under...
When Cyber Attack Hit Norsk Hydro, It Was Already Handling a Major Upheaval: RMS April 9, 2019 By L.S. Howard When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early...
UK Specialty MGA Nexus Buys an MGA and a Broker – All in One Day April 3, 2019 By L.S. Howard UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,”...
Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports April 1, 2019 By L.S. Howard In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published...
AIG Exits Individual Personal Lines Business in Canada March 29, 2019 By L.S. Howard American International Group (AIG) has decided to stop underwriting new policies in its individual personal insurance lines of business in...
Natural Disasters Drive £1 Billion (US$1.3 Billion) Loss at Lloyd’s During 2018 March 27, 2019 By L.S. Howard Lloyd’s of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major...
Hannover Re Offers Match-Making Service for Insurtechs, Insurers Called ‘hr | equarium’ March 27, 2019 By L.S. Howard Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain....
Cyber Insurance Specialist, CFC, Comments on Lessons of Norsk Hydro Cyber Attack March 22, 2019 By L.S. Howard Norsk Hydro, one of the world’s largest aluminum producers, is still struggling to return to full production, after a ransomware...
Lloyd’s Comments on Reports of Rampant Sexual Harassment in the Marketplace March 22, 2019 By L.S. Howard In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published...