News – Page 178
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Long-standing Lancashire executive leaves for Fidelis
Jonny Creagh-Coen joins the specialty re/insurer on 2 July 2018
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PERILS raises second loss estimate for storm Friederike
Third loss estimate to be issued in July, 2018
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Marsh combines Middle East and Africa operations
Former OIC boss, Christos Adamantiadis, appointed as chief executive
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Barbican reveals new ‘One-Step-Ahead’ cyber product
Barbican OSA will encompass three critical areas of cyber resilience
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Natural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP Last year’s natural catastrophe activity set a record for the highest insured losses ever at $144bn, according to Swiss Re’s latest Sigma study. American ...
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Maritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Attacks on ports such as Antwerp raise concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
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Flat renewals at 1.4 disappoint reinsurers – Willis Re
But “dynamic change” in M&A appetite keeps the market “lively”
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Canopius makes two top-table hirers
The two new senior managers bring wealth of experience to the table
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XL Catlin becomes founding member of InsurTech Asia Association
The mechanism will help the (re)insurer to explore insurtech in the region
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Bermuda strives to become heart of blockchain
On the heels of the launch of the Bermuda government’s new blockchain task force, the island sets out its stool
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Greenlight Re launches innovation unit
The reinsurer states its ’placing technology and innovation at the heart of its growth strategy’
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AXA deal earns XL diversified market position, says Jefferies
Bermuda firms set to gain global platform from $15.3bn deal
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XL Catlin appoints new EMEA head of energy
Energy remains a focal point for XL Catlin, says global head of energy Huw Jones
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DWIC18 - Aon Benfield’s Andersen predicts ‘hodgepodge’ future for value chain
Coverage from day one of this year’s Dubai World Insurance Congress
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DWIC18 ends on optimistic note
The two-day event, co-hosted by the Dubai International Financial Centre (DIFC), saw a global delegate contingent of nearly 600 network and gain insight
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DWIC18 - Insurers must cut down AI strategies to less than 12-months to avoid implementation failure
Failures created by long-term strategies represent a point of no return, warns DataRobot’s Satadru Sengupta
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DWIC18 - Rise in UAE cybercrime and regulatory scrutiny will drive increase in insurance demand
But policyholders will need to watch out for wordings
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DWIC18 - NASA on managing space-age risks from the coalface
The federal agency’s aerospace engineer Jeevan Perera provides a risk-focused perspective at this year’s DWIC
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DWIC18 - B3i company to launch next week, Régis Delayat
Speaking at Day Two of DWIC18, Scor’s Delayat announced the change of structure