November 2014/3
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Cyber expertise is vital to prevent UK carriers from experiencing early losses and then withdrawing from the sector, according to Paul Bantick, UK technology, media and business services focus group leader at Beazley.
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Conventional insurance policies are becoming more exposed to new risks like cyber, according to Markel International's head of emerging risks Scott Bailey.
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The UK Treasury must be creative and flexible in helping the insurance industry attract smart capital to the London market, according to London Market Group (LMG) chairman Steve Hearn.
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Aon found that the price of US directors' and officers' (D&O) cover renewed in the second quarter of the year fell by 5.4 percent on average.
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Marketform plumps for Willis; Catalina completes; R&Q drops; Corver wins; AJ Gallagher buys; NAIC jurisdictions; RLI in special dividend; RenRe restructure; Shamieh joins AIG; Fishman reveals; Conning takeover; Argo Re hire; Satisfaction; Emerging products; Dual duo; RFIB appoints; Lockton's hires
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Quindell's share price sustained another blow today (17 November) after Canaccord Genuity resigned as the company's joint broker and financial adviser with immediate effect.
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Lloyd's blue-chip Beazley is working with top-10 global reinsurer Korean Re with a view to establishing a special purpose syndicate (SPS) for 2015 that would form the basis of a risk-swapping arrangement, The Insurance Insider can reveal.
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It's uncanny how two events relating to the same subject can set the enquiring mind racing.
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Catlin is restructuring its outwards casualty reinsurance to move to a single global excess-of-loss (XoL) cover at 1 January, The Insurance Insider can reveal.