Agent, Cyber-Educate Yourself – and Your Clients November 2, 2015 By Stephanie K. Jones A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion...
ABI Notes UK Government Report Shows Rising Cyber Crimes October 20, 2015 The Association of British Insurers (ABI) has noted that the latest UK Government crime figures, released on Monday, “show a...
Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey October 8, 2015 Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the...
It’s a Tough Time for Reinsurers, but Their Defensive Strategies Are Working: S&P October 6, 2015 It’s a tough time for reinsurers — “pricing is soft, regulators continue to raise the bar, capital is at record...
Insurers Respond Slowly to Growing Demand for Cyber Insurance: Timetric Report October 5, 2015 The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850...
Beazley, Aspen and Brit Launch ‘International Cyber Consortium’ at Lloyd’s September 21, 2015 Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium....
Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers September 16, 2015 A report published by Guy Carpenter & Co., released Sept. 2015, identified four key areas of emerging risk for re/insurers:...
Reinsurers Seek New Markets, Underinsured Risks to Ease Price Pressures September 14, 2015 By Jonathan Gould Major reinsurers like Munich Re, Swiss Re, Hannover Re are looking to new markets and selling more cover to existing...
AIG, Axis Insure Adultery Website AshleyMadison: Report September 9, 2015 By Sonali Basak, Gerrit De Vynck and Tracy Alloway American International Group Inc. and Axis Capital Holdings Ltd. are among insurers for the company that owns AshleyMadison.com, the adultery...
AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As August 5, 2015 By Sonali Basak American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating...