Ryan Specialty Forms Contingency Unit, Joining Paradiso Risks and Alive Risk December 13, 2024 Ryan Specialty, Chicago-based specialty insurance services firm, announced that Paradiso Risks is joining Alive Risk, Ryan Specialty’s sports, leisure and...
Taylor Swift Cancellations Deal Blow to Insurers: Sources August 9, 2024 By Carolyn Cohn and Alexander Hübner Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be...
Taylor Swift Shows in Vienna Canceled After Terrorism Threat August 8, 2024 By Marton Eder Taylor Swift shows planned for this week in Vienna have been canceled after Austrian police arrested two people on suspicion...
Update: French Internet Cables Severed in Latest Attack During Olympics July 29, 2024 By Benoit Berthelot and Jillian Deutsch A number of fiber optic cables carrying broadband service across France were cut overnight in the latest attack on the...
Paris Trains Hit By Sabotage Hours Before Olympics Kick Off July 26, 2024 By Julien Ponthus and Valentine Baldassari Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a “massive attack aimed...
Insurers Fret Over Risk of Militant Attacks, AI Hacks at Paris Olympics July 5, 2024 By Carolyn Cohn and Noor Zainab Hussain Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions...
Devonshire Underwriting Launches MGA Specializing in Transactional Risk Solutions April 2, 2024 Devonshire UW Ltd. and its affiliate Devonshire UW Europe GmbH (known collectively as “Devonshire Underwriting”) announced the launch of a...
Markets/Coverages: MGA Rokstone Launches Contingency Portfolio November 30, 2023 Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced the launch of a new contingency...
Insurers Review Middle East Events Policies After War Leads to Cancellations November 8, 2023 By Carolyn Cohn and Noor Zainab Hussain Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from their event cancellation policies after the Israel-Hamas war...
Insurer Mapfre to Make $983.8M Pay-out for Construction Issues With Colombia Dam December 13, 2021 By Luis Jaime Acosta Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency pay-out to Colombia’s Empresas Publicas de...