Experts Warn of Security Flaws That Expose Most Computers, Phones to Hackers January 3, 2018 By Douglas Busvine and Stephen Nellis Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from...
The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Qatar Re Agrees to Buy Markerstudy’s Insurance Companies in Gibraltar January 3, 2018 Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. The companies are: Markerstudy...
Zurich Insurance to Sell UK Student Insurer Endsleigh to Broker A-Plan January 3, 2018 As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer...
Neon Launches First ILS Vehicle in UK, NCM Re January 3, 2018 Neon announced it has launched the first ILS vehicle in the UK, NCM Re (UK PCC) Ltd., and raised third...
Property Reinsurance Rates Rise Less Than Expected in Jan. 1 Renewals January 2, 2018 Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting...
Aon Acquires Real Estate Investment Advisor Townsend Group January 2, 2018 Insurance brokerage and consultant Aon has completed its acquisition of The Townsend Group, a global investment management and advisory services...
Ageas Sells Stake in Italian Bancassurer CARGEAS to BNP for $213.6M January 2, 2018 Brussels-based insurer Ageas on Dec. 29 completed the sale of its stake in Italian bancassurer Cargeas Assicurazioni (CARGEAS) to BNP...
R&Q Buys Old Mutual’s Run-Off Captive, Constantia Insurance January 2, 2018 Randall & Quilter (R&Q) announced it has acquired Constantia Insurance Co. (Guernsey) Ltd., a captive company now in run-off, from...
Swiss VW Owners Seek Damages for ‘Dieselgate’ Emissions Scandal January 2, 2018 Swiss consumer protection organization SKS has filed a claim on behalf of some 6,000 car owners seeking damages from Volkswagen...