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BMA concerned over Bermudians’ $27bn silent cyber exposure
A report from the Bermuda Monetary Authority shows how the island’s carriers have raised their worst-case estimate of cyber losses in recent years.
Aisling Finn
,
13 April 2022
Majority of FCA staff back industrial action on pay and conditions
The FCA has proposed performance-related pay and new salary ranges.
Luke Harrison
,
13 April 2022
AM Best affirms Argo Group credit ratings
Argo Re kept its A- (excellent) financial strength rating.
Martha Muir
,
13 April 2022
Florida to look at ‘stabilising (re)insurance rates’: DeSantis
The Florida governor said action was needed to prevent more carriers from failing.
Liz Bury
,
13 April 2022
Argenta bolsters board with three NED hires
Cordelia Bowdery, Monica Burch and Philip Glaze all bring extensive experience across the wealth management and financial services sectors.
Aisling Finn
,
13 April 2022
Xenia takes majority stake in Capstone Insurance Brokers
The deal marks Xenia’s ninth acquisition in three years and kicks off its international expansion plans.
Aisling Finn
,
13 April 2022
Swiss Re’s Thierry Léger: We’re extending the boundaries of insurability
The CUO of the world’s largest reinsurer explains the company’s enduring commitment to cat risk despite advancing climate change.
Rachel Dalton
,
13 April 2022
Berkshire’s Nico offering $1bn excess cyber limits to select multi-nationals
The conglomerate looks to step into the role of insurer of last resort amid capacity constraints and surging client demand.
Adam McNestrie
,
13 April 2022
WTW, Aon in settlement talks over Miami fac team poaching case
The brokers asked the judge to delay some pre-trial conferences by two weeks as they could obstruct the settlement negotiations.
Jairo Ibarra
,
12 April 2022
Banco BPM set to buy out Covéa from joint insurance venture
The deal will see the bank pay Covea around EUR310mn for its majority stake in their life insurer joint venture.
Rachel Dalton
,
12 April 2022
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