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Ransomware most acute threat: Beazley cyber claims chief
Sources said the cyber market has paid out at least $75mn in Ryuk ransom claims since the start of the year.
John Hewitt Jones
,
24 October 2019
Aon makes reinsurance solutions duo UK & Ireland leaders
Dean Jenner and Richard Evans will report to Peter Stubbings, who heads the Global ReSpecialty component of Aon’s reinsurance arm.
Anna Sagar
,
24 October 2019
Canopius hires Beazley’s Hodges to lead new trade political risk unit
The operation comprises a book inherited from the AmTrust at Lloyd’s takeover.
Samuel Casey
,
24 October 2019
AIG’s UK financial lines head Hopper leaves
The underwriter has had a long career at the US carrier.
Samuel Casey
,
24 October 2019
Chubb names TMK’s Poole as head of UK and Ireland middle market
The executive will head operations for the medium-sized business insurance segment.
Samuel Casey
,
24 October 2019
P&I clubs blame high claims for 7.5% general increase
The Standard Club and Steamship Mutual move in tandem for 2020.
Samuel Casey
,
24 October 2019
Standard Club blames high claims on 7.5 percent general increase
The P&I club said the current rating is not sufficient to cover heightened claims activity.
Samuel Casey
,
24 October 2019
Tokio Marine retains acquisition appetite after Pure deal: report
International co-head Chris Williams said the company sees expansion opportunities in South Africa and Asia.
Samuel Casey
,
24 October 2019
Rare reserve releases drove Scor Q3 profit: analysts
The reinsurer’s shares rise sharply on above-forecast results, though Citigroup and RBC suggest its underlying performance was poor.
Rachel Dalton
,
24 October 2019
Reinsurers need to withdraw capacity if the property cat market is ever to turn
There’s a familiar feeling of Groundhog Day to the annual reinsurance gathering at Baden-Baden.
Catrin Shi
,
24 October 2019
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