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Opinion: The cyber-physical debate
Since I have been covering cyber insurance for the Insider, there's been a constant debate among brokers and underwriters about whether the standalone cyber market should be insuring physical damage as a result of a cyberattack
Catrin Shi
,
22 August 2017
Italian island of Ischia struck by earthquake
An earthquake has struck the Italian island of Ischia, killing two people, injuring around 40 and destroying dozens of buildings.
Bernard Goyder
,
22 August 2017
Sillat to run new Ascot MGA platform Ethos
Mike Sillat has re-emerged at the helm of Ascot's ambitious new MGA platform with a remit to grow organically and through acquisitions backed by a significant war chest from owner Canada Pension Plan Investment Board (CPPIB).
David Bull
,
22 August 2017
US reinsurers’ combined ratio up to 97.1% in H1
US P&C reinsurers generated a combined ratio for the first half of the year that deteriorated from 94.8 percent to 97.1 percent, according to the Reinsurance Association of America (RAA).
22 August 2017
Citizens readies for rate hearing for up to 10% increase
Florida’s Citizens is set to face policyholders on Wednesday (23 August) at a hearing to consider its filing to increase rates by as much as 10 percent on some coverages and areas of the state next year.
David Bull
,
22 August 2017
Willis takes Marsh broker to lead DC operation
Willis Towers Watson’s insurance broking division has hired Ken Smith from Marsh to lead its operations in the US capital and the surrounding areas.
Dan Ascher
,
22 August 2017
Brightway co-founders change roles
The two brothers who founded personal lines broker Brightway Insurance have changed roles in the organization as it looks to execute its growth strategy.
Dan Ascher
,
22 August 2017
D&O rates drop 7% in Q2: Aon
The price for each $1mn of directors and officers coverage fell by an average of 7 percent in the second quarter according to a report from Aon.
Dan Ascher
,
22 August 2017
Sequel in £250mn sale to Verisk
Verisk Analytics is set to acquire London-headquartered (re)insurance software specialist Sequel from HgCapital and other shareholders for £250mn ($322mn).
Mark Geoghegan
,
21 August 2017
Willis Towers Watson taps PwC for CFO
Willis Towers Watson has hired Michael Burwell as CFO, following Roger Millay's decision to retire in October
Catrin Shi
,
21 August 2017
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