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Hurricane Nicholas insured loss 'similar' to $700mn Imelda: Siffert
The storm has dumped more than nine inches of rain on the city of Houston and risks further damage to Ida-hit properties.
Alex Frampton
,
15 September 2021
Argo syndicate sale: Bermuda’s failed Lloyd’s experiment revisited
The planned disposal of the syndicate underlines the challenges the cohort of Bermudian entries has faced.
Catrin Shi
,
15 September 2021
Nicholas brings heavy rain to Texas and Ida-hit Louisiana
Over nine inches of rain struck Houston and more than half a million Texas residents were left without power.
Samuel Casey
,
15 September 2021
AIG’s Mark Lyons sees Q3 insured catastrophe losses at $40bn
Hurricanes, floods and wildfires are pushing up Q3 catastrophe losses, AIG's finance chief says.
Eli Rallo
,
14 September 2021
Automated bot cyberattacks up 41%: LexisNexis
In a post Covid-19 world, cyber-attacks have become increasingly frequent and more severe, with automated bot attacks surging specifically.
Eli Rallo
,
14 September 2021
Chubb promotes Nazir to head of cyber and technology for overseas
Nazir boasts 20 years of industry experience, and has served at Chubb for nearly four years.
Eli Rallo
,
14 September 2021
Envelop Risk secures $130mn investment for expansion in new lines
The Series B funding was led by SoftBank Vision Fund 2 and will fund expansion beyond the core cyber class.
Samuel Casey
,
14 September 2021
CFC and Vitruvian fire starting gun on stake sale
This publication revealed in April that Evercore had been retained to run a process for the cyber-focused MGA.
Catrin Shi
,
14 September 2021
Cyber MGA Resilience hires Chubb’s Bryant for international push
The San Francisco-based InsurTech is targeting international expansion, with plans to write business in the UK and Continental Europe beginning in 2022.
Jairo Ibarra
,
14 September 2021
Global delegated authority revenues hit $12.5bn in 2020: Insuramore
MGA revenue growth is outpacing the insurance broking space thanks to emerging lines of business.
Samuel Casey
,
14 September 2021
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