Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Norway’s Protector Forsikring Insured Grenfell Tower Fire; Price Tag Debated June 22, 2017 By L.S. Howard Olso-based Protector Forsikring is the insurer of Grenfell Tower, the residential block that was destroyed last week by a raging...
Brave New World: 1st Reinsurance Product Heads to the Blockchain June 9, 2017 By L.S. Howard Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its...
Munich Re, Aviva Ventures Invest in UK Connected Home Insurer Neos May 30, 2017 Neos, a UK connected home insurer, announced last week it has secured a £5 million (roughly $6.4 million) series A...
Cyber Insurance Market Growing More Slowly Than Expected: Allianz May 26, 2017 The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz’s board said...
Soft Reinsurance Prices to Continue Until Year-End – at Least: Fitch May 16, 2017 The soft pricing in the global reinsurance market will continue, at least, for the rest of the year, Fitch Ratings...
Munich Re & Hannover Re Results on Track Despite Higher Nat Cat Claims May 10, 2017 By L.S. Howard Reinsurers Munich Re and Hannover Re both reported that first quarter results are on track to meet their annual targets,...
High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance May 10, 2017 By Oliver Suess For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping...
Munich Re’s Primary Carrier, ERGO, Explores China Digital Business April 28, 2017 ERGO, Munich Re’s troubled primary insurance company, is making a digital push in the massive Chinese market. Mark Klein, ERGO’s...
Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach April 28, 2017 By Tom Sims Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re. That...