As cyber continues to remain one of the biggest lines of business across the re/insurance industry, there are a number of challenges that the cyber market is currently facing, in light of the recent number of data breaches and major cyber events that the industry has seen throughout the past year.
Doha Insurance Group (DIG), a provider of insurance and reinsurance solutions in the Middle East and North Africa region, has revealed plans to open a reinsurance branch in the Republic of India.
New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.
P/C Insurers Ace, Marsh & McLennan, Willis Towers Watson
A survey conducted by GlobalData suggests that Google poses the greatest threat to insurers in the UK were it to offer end-to-end household insurance products.
Cyber Risks, D&O, Emerging Risks, P/C Insurers, Technology Allianz
Agents and Brokers, D&O, Financial Results, Mergers and Acquisitions Aon, NFP
Financial Results, P/C Insurers, Reinsurance The Travelers Cos.
Agents and Brokers, Emerging Risks Alliant Insurance, Arthur J. Gallagher & Co., Lockton
Insurance claims in Louisiana from damage related to last year’s Hurricane Ida have exceeded $13 billion through June 30th, 2022, according to Insurance Commissioner Jim Donelon.
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, took a $620 million stake in insurance and reinsurance provider Markel Corporation as part of a raft of investments during the first quarter of 2022.
A group of Japanese life insurance companies have invested in a new bond issued by the World Bank aimed at supporting a holistic approach to climate action.
Agents and Brokers, Catastrophes, Coronavirus, Current Issue, Cyber Risks, E&O, Emerging Risks, Insurance-linked Securities, P/C Insurers, Risk Management, Technology Canada, United Kingdom Arthur J. Gallagher & Co., Axa, Liberty Mutual, Marsh & McLennan, USI Insurance Services
