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Biba highlights diminishing take-up of cyber cover at manifesto launch

Businesses are increasingly opting not to take up cyber insurance amid rising costs, despite the growing threat from cyberattack, according to the British Insurance Brokers’ Association (Biba).

Samuel Casey, 24 January 2023
Everest Insurance makes Powell head of financial lines

The leading underwriter joins from Zurich.

Rachel Dalton, 24 January 2023
Travelers to take 20% quota share of Fidelis book: CFO Frey

The company's portion of net written premiums from Fidelis is expected to be around $550mn to $600mn for the full year.

Farhin Lilywala, 24 January 2023
Miller says Cardiff City knew Sala was uninsured in £10mn plane-death dispute

The broker said it had repeatedly made the football club aware new signings not added to the policy schedule were uninsured.

Samuel Casey, 24 January 2023
Travelers lifts treaty retention by $500mn and drops underlying aggregate

The 17% uplift in its retention comes as reinsurers push for higher attachments.

Fiona Robertson, 24 January 2023
InsurTech Cygnvs comes out of stealth mode, partners with AIG

InsurTech Cygnvs, eight months after closing its $55mn Series A funding round, has come out of stealth mode.

Aisling Finn, 24 January 2023
Abu Dhabi Re launches as first MGA in ADGM

Former SSL chairman Andrew Sturdy’s MGA has hired staff from AGCS, Qatar Re and Trust Re.

Rachel Dalton, 24 January 2023
BHSI appoints De Wilde head of property for Switzerland

The firm opened its Zurich office last year with the aim of underwriting property, casualty and professional lines.

Liz Bury, 24 January 2023
JH Blades seeks new energy liability backing as Markel pulls $75mn paper

The book of business was performing poorly, and was exposed to major claims from the 2021 Huntington Beach oil spill in California.

Samuel Casey, 24 January 2023
LMA adds eight women to worldwide property panel after election reform

The association allowed managing agents to select the most suitable candidates in this election cycle.

Rachel Dalton, 24 January 2023

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