MSIG News

Global Malware Attack Could Cost Insurers $27 Billion

A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion, a hypothetical scenario developed as a stress test for risk management showed. Insurance claims after such an attack would range …

Tokio Marine in Talks to Acquire RHB’s Non-Life Insurance Unit: Sources

Tokio Marine Holdings Inc, is in exclusive talks to buy RHB Bank’s general insurance unit in a deal that also includes an agreement to distribute the Japanese insurer’s products through the Malaysian lender, people familiar with the matter told Reuters. …

MSIG at Lloyd’s Hires Eyres in Property Underwriting; Dougall Heads P&C

MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property and casualty. Eyres, who will report to Dougall, has more than 30 …

MSIG at Lloyd’s Appoints Wells, Radbourne in Property and Power Teams

MSIG at Lloyd’s has appointed Laura Wells as underwriter, property, and Matthew Radbourne as underwriter, power & utilities with immediate effect. Wells brings over 20 years’ industry experience to MSIG, having previously held the position of direct and facultative property …

MSIG at Lloyd’s Launches Bloodstock Account With 2 Appointments

MSIG at Lloyd’s has moved into the bloodstock market with the appointment of specialist underwriters Rebecca Attridge and Phil Needham. Attridge and Needham both report to Caroline Koczerzat, underwriting manager, marine. The appointments mean the Syndicate 3210 now offers a …