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Concern about silent cyber exposure fell across all insurance commercial lines and industry groups in 2019 compared to the previous year, according to Willis Re, the reinsurance division of Willis Towers Watson. 29 August 2019
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Reinsurers can thrive in a rapidly evolving global insurance market if they embrace change and innovation in their business models, according to an AM Best market segment report, titled Global Reinsurance: Fighting the Last War. 29 August 2019
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Tropical Storm Dorian is set to have a heavier impact on reinsurers than primary Florida insurers, according to analysts at Keefe, Bruyette & Woods (KBW). 28 August 2019
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Companies should improve their knowledge of current and emerging US privacy laws to better manage risks thrown up by surging Biometrics Information Privacy Act (BIPA) lawsuits, Chubb has warned in its latest Cyber InFocus report. 28 August 2019
Life
Liberty Specialty Markets (LSM) has named Nicholas Garside as head of Bermuda property, effective from September 1. 28 August 2019
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Essent Group has been named to Fortune Magazine’s 2019 100 fastest-growing companies, ranking 52nd among the world’s top three-year performers in revenues, profits and stock returns. 27 August 2019
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Aon has created a global accident, health and life practice group in its reinsurance solutions business. It is chaired by Roger Smith, previously head of accident, health and life for EMEA in Aon’s reinsurance solutions business, who has worked at the firm for over 20 years. 27 August 2019
Life
Argo Surety has hired Bobby Bang as director of strategic operations, and Steve Parnas as vice president, contract, eastern region. Christine Marchetti also joins as assistant vice president, commercial, in the northeast region. 27 August 2019
Life
The Association of Bermuda Insurers and Reinsurers (ABIR) has named Wendy King, a Bermudan, as public policy and regulatory affairs analyst. It has also given Suzanne Williams-Charles, director of policy and regulation at ABIR, additional responsibilities as corporate secretary. 23 August 2019
Life
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has made a number of appointments as it builds its headcount in reinsurance as part of its health plan reinsurance advisory strategy. 23 August 2019
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