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Ryan Specialty confirms new international facility with a $10mn line
The facility will write management, financial and professional lines.
Jai Singh
,
25 July 2024
Preliminary insured losses from outage between $400mn-$1.5bn: CyberCube
The event would represent a loss ratio impact of roughly 3%-10% on global cyber premiums of $15bn today.
Abbie Day
,
25 July 2024
CrowdStrike event could have ‘material impact on loss ratios’: Amwins
The market is expected to seek additional exclusions around systemic events.
Jai Singh
,
25 July 2024
Microsoft/ CrowdStrike IT outages reignite the question of cyber cat risk
The cyber market should use the latest outage to start decisively taking action on managing cat aggregates.
Abbie Day
,
25 July 2024
AM Best places Scor’s A FSR under review
Scor guided to a EUR400mn insurance result loss earlier this month.
Clark Mindock
,
24 July 2024
RenRe Q2 GWP grows 29.2% as CoR ticks up 0.8 points to 81.1%
The property CoR improved by 9.1 points, while casualty and specialty’s fell 5 points.
Shelby Rosenberg
,
24 July 2024
AJ Gallagher appoints Harries to board
Most recently, Richard Harries was CEO at Atrium Underwriters.
Ayesha Venkataraman
,
24 July 2024
Nexus Underwriting FI duo Ricketts and Willett resign
The development follows news that Kentro Capital CEO Colin Thompson has resigned.
Samuel Casey
,
24 July 2024
Parametrix estimates Fortune 500 CrowdStrike loss at $540mn-$1.08bn
The weighted average direct financial loss for a Fortune 500 firm was $44mn.
Jai Singh
,
24 July 2024
Daily Digest: Top news from 24 July
A roundup of all the news you need today, including Parametrix’s estimate of insured losses from the outage.
Insurance Insider team
,
24 July 2024
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