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Carriers playing ‘wait and see’ on silent cyber: Eiopa’s Bernardino
The chairman of the EU insurance supervisor warned that (re)insurers cannot shoulder systemic cyber incidents alone.
Laura Board
,
16 July 2019
BGC, McGill & Partners to challenge aviation broking oligopoly
They face a Herculean task but the two start-ups could break the stranglehold of MMC, Willis and AJG in the aviation market.
John Hewitt Jones
,
16 July 2019
Barry to cost (re)insurers $300mn: KCC
The modelling agency’s estimate factors in privately insured wind and storm surge losses from property and automobile claims.
Sofia Geraghty
,
16 July 2019
Darag confirms quota share deal with Protector
The legacy carrier will cover the Norwegian insurer’s change of ownership portfolio.
Rachel Dalton
,
16 July 2019
Apollo appoints Burkinshaw to board as CUO
The former Fidelis specialty chairman will report to CEO David Ibeson in the newly created position.
Samuel Casey
,
16 July 2019
All is not lost with the Ogden rate if (re)insurers can stomach another fight
If knowledge is power, motor insurers and their reinsurers should theoretically be feeling a little mightier after UK Justice Secretary David Gauke ended months of uncertainty by pegging the Ogden discount rate at -0.25 percent.
Laura Board
,
16 July 2019
Bermuda court pauses Athene fight with pension fund
The court will later make a permanent ruling over whether action against Apollo’s life insurance unit can proceed.
John Hewitt Jones
,
16 July 2019
Markel reaches deals with dismissed Catco executives
The company has reached a settlement with Alissa Fredricks and agreed to binding arbitration with Tony Belisle.
Christie Smythe
,
16 July 2019
Barry downgraded to tropical depression
The storm is expected to result in few commercial claims in Louisiana.
Bernard Goyder
,
16 July 2019
Willis makes Dunlap head of North American construction
He was formerly head of casualty construction broking for the global brokerage.
Laura Sanicola
,
15 July 2019
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