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Loss estimate in for Marriott cyber breach

AIR Worldwide has announced its loss estimates for one of the largest breaches to hit a hotel chain to date.

Insured losses fourth highest in 50 years, says Swiss Re ...

Total economic losses from natural and man-made disasters one of the highest on record due to new trends.

RenaissanceRe launches new Bermuda reinsurer

Vermeer Reinsurance is backed by potentially $1bn in capital from PGGM.

Sompo makes two top-level appointments

New leadership named for Sompo Holdings Overseas Insurance Business, Sompo International.

Munich Re US makes key hire to lead new unit

New CEO of new Specialty Insurance unit named.

Hiscox UK appoints new CEO

New leader joined Hiscox in 2010 and has held a number of senior roles.

Dave Jones to insurers: Act fast on wildfire losses

Insurers are urged to expedite the claims process in order to better serve California policyholders.

Congress passes Farm Bill

Approved version includes minimal changes to the federal crop insurance programme.

US Regulatory landscape in 2019: A look ahead

Two of the largest trade bodies representing American re/insurers give an overview of some pressing federal matters.

Magazine

Singapore’s Roar

A week at the Singapore International Reinsurance Conference (SIRC) reveals that the country’s position in the world of re/insurance and its innovative spirit remain secure.

Africa buoyed by improving outlook

A resurgent economy has boosted African reinsurers’ confidence over their market’s outlook, against a background of rising premium rates and volumes.

Regulators find the X-factor

Brexit is bringing national supervisors into the limelight as UK insurers weigh up their options.

A good prognosis

Coverys, the medical professional liability insurer, arrived in London in the middle of Brexit, changes at Lloyd’s and while the attempted repeal of Obamacare was underway. It hasn’t dimmed the management’s optimism.

AI’s role in pricing raises concerns

The growing role of artificial intelligence issue in price optimisation has attracted regulators interest in the UK and US.

Mike McGavick: Straight Talk

The former XL Group CEO and self-styled “turnaround guy” shares his views on the market and his feelings about the companies he transformed.

Gimme an E, gimme an S, gimme a G

Contributing editor Garry Booth looks at the responsibility insurers' have to Environmental, Social and Governance risks.

Telematics for ships

Marine insurance is an old business, but new ways of studying shipping data could afford hull and machinery underwriters better insight into the risks they are insuring.

Alt cap growth blows past Q4 roadblocks

Alternative capital investors have adapted to the hurricanes, wildfires and earthquakes that occurred late last year, with industry brokers in agreement that capacity will rise again in 2018.

An improving forecast for weather risk specialists

The outlook for weather risk management is looking bright thanks to increasing demand, reduced basis risk and better products.

Life insurers’ secret weapon: Behavioral economics

For life insurers, behavioral economics is the key to bridging a protection gap of approximately $12bn.

Insurers in search of a future-proof investment strategy

How should insurers adapt their investment strategy to a rising interest rate environment and future uncertainties around inflation? AXA-IM’s Mathilde Sauvé and Chris Price discuss the implications of a changing market dynamic and the choices available to insurers in the UK and the Eurozone.

Market disjointed on terror risk

The shift in how terror attacks are perpetrated has left a divide in the market as to how to properly cover the risk.

QBE primed for North America growth

QBE North America’s CEO Russell Johnston has carried on where his predecessor Dave Duclos left off in driving through stability at the business, with growth now on the cards.

A decade of change

Mike Foley has spent the past decade at the helm of Zurich North America, but his time with the carrier is now ending. He looks back at the last 10 years and tells Reactions about his future plans.

Rolling with the punches

A record-breaking hurricane season and historic wildfires have delivered a series of punches to the re/insurance market which has left it nursing a black eye and a broken nose, but the knock-out blow has failed to land.

China’s cyber risk market starts to take shape

China’s cyber insurance market is set to move up a gear in the aftermath of 2017’s damaging malware attacks and the introduction of comprehensive new security laws that businesses must comply with.

LMA puts spotlight on international casualty

The Lloyd’s Market Association has followed up its 2015 survey into the international casualty treaty market by commissioning another study, and the results show the sector is primed to shift.

Latest Issue

November 2018

 

In this month's Reactions

  • Mike McGavick interview
  • Baden Baden roundup
  • SIRC roundup
  • PCI roundup
  • Reactions North American Conference 
  • Reactions North American Awards
  • Aerospace 1/1 renewals
  • Solar power reinsurance

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