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News
Cyber represents a growth business for Hiscox Re & ILS and it is forming partnerships and investing to ensure it stays ahead of the game in this rewarding but challenging area of risk, says Damien Smith, head of specialty, Hiscox Re & ILS. 23 April 2018
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The majority of economic losses from cyber breaches are not covered by currently available insurance products—this creates a challenge for insurers to create new products, says Jim Riley, vice president, specialty underwriter at RenaissanceRe. 23 April 2018
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Somerset Reinsurance has appointed Josh Braverman to the positions of chief investment officer and a member of the company's executive leadership team. 23 April 2018
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2017 saw a mixed picture for the 34 reinsurance companies tracked in the Willis Reinsurance Index, according to the latest reinsurance market report from Willis Re. 23 April 2018
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XL Catlin has announced that it is the first insurer to bind a political risk policy on the London Market’s electronic placement platform, Placing Platform Limited (PPL). 23 April 2018
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Global specialty cyber insurance analytics and underwriting company Envelop Risk has appointed Aritra (Ari) Chatterjee as its chief underwriting officer. Chatterjee was formerly the lead cyber underwriter with Hannover Re (Bermuda), a line of business he helped to establish. 20 April 2018
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AXIS Re has announced the appointment of Megan Thomas as its chief underwriting officer (CUO). She will be responsible for product and portfolio management within the company. 20 April 2018
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Bermuda entities are not immune to cyber attacks and could even be an easier target than organisations in other jurisdictions. Each organisation should develop a cyber-defensible position that will ensure it is pursuing a secure, vigilant and resilient cyber risk strategy, say Brett Henshilwood and Kevvie Fowler of Deloitte. 19 April 2018
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With cyber threats in the news almost every day, re/insurers on Bermuda need to keep as up to date as possible. As George Thomas from PwC explains to Bermuda:Re+ILS, there is some encouraging news out there. 19 April 2018
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PartnerRe is enjoying strong growth in the cyber space—and while it has a broad appetite for cyber risk it considers each transaction on its merits, says Catherine Rudow, senior vice president–professional lines at PartnerRe. 19 April 2018
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