Hiscox has enhanced its stand-alone terrorism portfolio by adding new products covering property damage from malicious attacks utilizing nuclear, chemical, biological and radiological (NCBR) devices. Hiscox NCBR policies offer coverage of up to $25 million for blast damage, decontamination and …
ACE Group appointed Ashwin Kapoor as terrorism and political violence underwriter as it continues to invest in building its specialist insurance capabilities around the world. Reporting to Piers Gregory, terrorism underwriting manager, ACE Overseas General, Kapoor will be responsible for …
Captive insurance vehicles are increasingly being used by businesses to provide cover for non-traditional risks, according to a new benchmarking report published by Marsh. Marsh’s report, “The World of Captives: Growth and Opportunities Without Borders,” states that the number of …
