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Study predicts $1tn+ worst case cyber loss

A major cyber attack on the US power grid would result in an economic loss of up to $1tn, according to a new study from Lloyd's and the University of Cambridge's Centre for Risk Studies

Mark Geoghegan, 08 July 2015
Navigators enters terrorism with Watkins hires

New York-listed insurer Navigators has extended its push for international expansion by hiring the political violence and terrorism team of Munich Re's Lloyd's arm Watkins, The Insurance Insider can reveal.

Adam McNestrie, 08 July 2015
Improved Exor offer could sway PartnerRe shareholders: analysts

Improved offer terms unveiled by Exor for PartnerRe today (7 July) could be enough to swing the crucial shareholder vote later this month against the rival Axis bid, according to analysts.

David Bull, 08 July 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

07 July 2015
M&A fever helps stocks outperform

P&C (re)insurance stocks managed to outperform the wider stock market in June despite The Insider 30 trading up by just 0.24 percent.

Himal Patel, 07 July 2015
Ace-Chubb deal could spark $500mn legacy sale

The $28.3bn acquisition of historic US carrier Chubb by comparative newcomer Ace could spark a $500mn asbestos legacy sale, The Insurance Insider understands.

Dan Ascher, 07 July 2015
Latest SII reporting standards well received by industry

Sector practitioners have welcomed the publication earlier this month of the latest set of Solvency II implementing technical standards (ITS) by the European Insurance and Occupational Pensions Authority (Eiopa).

Winifred Okocha, 07 July 2015
LMA helps managing agents prepare for SIMR

Managing agents have received new guidance from the Lloyd's Market Association (LMA) on how to prepare for the proposed UK Senior Insurance Managers Regime (SIMR).

Winifred Okocha, 07 July 2015
RSA under investigation over Irish blow-up

The UK Financial Reporting Council (FRC) has launched an investigation into a number of RSA employees after the carrier was forced to inject EUR200mn to prop up its Irish business in 2013.

Dan Ascher, 07 July 2015
Beazley sues Ace over Facebook IPO

Beazley is suing rival Ace in a bid to force the carrier to pay for a portion of a $26.5mn settlement reached after the botched Facebook IPO in 2012.

Dan Ascher, 07 July 2015

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