US health insurer Anthem looks sets to exhaust its $100mn AIG-led cyber cover after it revealed it had fallen victim to a huge data breach, The Insurance Insider understands
RenaissanceRe has moved a step closer to concluding its proposed $1.9bn acquisition of fellow Bermudian reinsurer Platinum Underwriters after receiving regulatory approval for the deal.
London-listed Lloyd's investment vehicle Helios Underwriting has acquired Lloyd's limited liability Nameco No 402 for £800,000 in cash, the firm announced today (12 February).
Recent cyber security breaches should act as "a stern wakeup call" for insurers to strengthen their defences, according to Benjamin Lawsky, superintendent of the New York Department of Financial Services (DFS).
