Lloyd’s in Talks With UN Over New Black Sea Grain Insurance Cover: CEO Neal September 8, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a...
Business Leaders Appear Less Concerned by Cyber Risk: Report July 18, 2023 The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on...
Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley June 16, 2023 Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Markets/Coverages: Beazley Updates Primary U.S. Public D&O Offering April 3, 2023 Specialist insurer Beazley has announced a refreshed Primary U.S. Public D&O wording, available both in the London Market and on...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...
Markets/Coverages: Beazley Launches Private Equity Liability Product for Portfolio Firms February 16, 2023 Specialist insurer Beazley has launched a new private equity liability insurance product, designed to focus on the inherent directors and...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley February 9, 2023 Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report....
Beazley Launches Global Re/insurance Market’s First Cyber Catastrophe Bond January 9, 2023 Specialist insurer Beazley has launched the global insurance market’s first cyber catastrophe bond. The $45 million bond gives Beazley indemnity...
Business Leaders Overconfident About Cyber Threats: Beazley October 21, 2022 Cyber remains a top concern, but business leaders may be overconfident about their resilience against the threat, according to new...