Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices. Digitalization means electricity networks, emergency services, industry …
PwC has appointed Jim Bichard to lead its 1,000-person strong UK insurance practice. Bichard succeeds Jonathan Howe, who has led the practice since 2013. Bichard, who has led PwC’s London Market and Broking team since April 2013, has been with …
Britain’s finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products. Banks, insurers and asset …
Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a new Allianz report. …
Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S. President-elect Donald Trump, the World Economic Forum (WEF) said. …
Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced that Matthew Isaly has been appointed to the newly created position of senior vice president, head of Information Systems. Reporting to Chief Financial Officer Vanessa Hardy Pickering, Isaly works with …
XL Catlin announced the launch of a new environmental insurance solution in Ireland, which is tailored to address the Environmental Protection Agency’s (EPA) Guidance on Financial Provision for Environmental Liabilities. A key stipulation of the guidance, published in October 2015, …
Berkshire Hathaway Specialty Insurance (BHSI) announced it is introducing inland and ocean marine insurance in Canada and has named Gord Rider as senior marine underwriter. “We are pleased to welcome Gord to our team of marine specialists,” said John Evans, …
Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published by Stroz Friedberg, an Aon …
Equinox Global, the Lloyd’s coverholder specializing in trade credit insurance, is pleased to announce the appointment of Simon Jackson as a credit analyst. Jackson is based in the London office and will work with the UK team. His appointment follows …
