Insurers Say Cyber Insurance Underwriting Is Profitable for Now: PwC April 26, 2018 Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance...
Zurich Insurance Reported to be Preparing to Cut Stake in Malaysian Unit April 26, 2018 Zurich Insurance Group AG is working with advisers to cut its stake in its Malaysian life insurance unit, people with...
Arch Re Turns Over Discontinued Operations Runoff to Catalina General April 26, 2018 Arch Reinsurance Ltd. said that its runoff liabilities from some discontinued operations will now be handled by Catalina General Insurance...
Lloyd’s Taps L Marks, Boston Consulting to Set Up Innovation Lab April 26, 2018 Lloyd’s of London has chosen innovation specialist L Marks and The Boston Consulting Group (BCG) to support the set-up and...
How Hackers Use Hotel Key Cards to Break Into Rooms April 25, 2018 By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any...
Allianz Proceeds with Euler Hermes Acquisition, Delisting April 25, 2018 Allianz Group said it will soon complete the acquisition of Euler Hermes minorities and will delist the trade credit insurer...
Audi Recalls 1.16 Million Vehicles Worldwide April 25, 2018 By David Shepardson Volkswagen AG’s luxury unit Audi said on Tuesday that it is recalling 1.16 million vehicles worldwide because of concerns that...
Markel International Names Davies Trade Credit Underwriter in Singapore April 25, 2018 Specialty insurer Markel International has appointed Nicholas Davies as trade credit underwriter and senior risk analyst in Singapore. Davies will...
Beazley Launches GDPR Helpline for UK Policyholders April 25, 2018 Beazley has partnered with international law firm DAC Beachcroft to launch a General Data Protection Regulation (GDPR) helpline for its...
Insurer-Backed Research Urges Reform of Fire Tests of British Building Materials April 25, 2018 British laboratory tests on the fire safety of building materials are inadequate, research for the insurance industry in the wake...