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Insurers warned over new form of cyber attack – manipulation of AI data
At the ABI conference this morning, carriers were warned about crime syndicates’ use of automation to deploy cyber attacks.
Marcel Le Gouais
,
22 February 2022
Munich Re announces EUR1bn share buyback and plans EUR11.00 dividend
The carrier proposes to increase the dividend by EUR1.20 on last year’s payment.
Rachel Dalton
,
22 February 2022
ICA calls for $1.4bn in disaster resilience spending
Its policy platform also calls for states and territories to abolish taxes on insurance products
Martha Muir
,
22 February 2022
BHSI promotes Flesch to head of marine in Germany
The new marine head will oversee the underwriting of BHSI’s full line of marine products in Germany.
Aisling Finn
,
22 February 2022
London expected to swerve major share of $140mn+ VW fire claims
A major conflagration aboard Felicity Ace has damaged high-value VW, Porsche and Lamborghini vehicles.
Samuel Casey
,
22 February 2022
Australian Federal Court upholds ruling in favour of insurers in second BI case
The court upheld decisions made in October, although it reversed some elements of the case between IAG and Meridian Travel.
Rachel Dalton
,
22 February 2022
Dutch association puts storm losses at EUR500mn
The final bill is likely to be higher as further damage occurs due to gusts of wind.
Martha Muir
,
22 February 2022
Cyber re could double in size every three years: Gallagher Re
Cyber reinsurance premiums may exceed those of property cat by 2040.
Martha Muir
,
22 February 2022
UK seeks to ‘unlock’ billions of pounds with new insurance rules
City Minister John Glen has outlined new Solvency II measures to reduce bureaucracy and relax regulation in the insurance industry.
Luke Harrison
,
22 February 2022
‘We need to start delivering’: LMA’s Cameron on modernisation reforms
Data Council chair and LMA CEO Sheila Cameron has set out the council’s priorities around Blueprint Two, and options for game-changing new contract formats.
Marcel Le Gouais
,
22 February 2022
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