The signing of the EU-US Covered Agreement is a “good step” for EU and US reinsurers, but full implementation could take up to five years, according to A.M. Best
Malcolm Newman, CEO of Scor’s London hub and sponsor of the London Market Group’s (LMG) ILS Taskforce is “cognisant of the time pressures if ILS applications are to be made in time for 1 January renewals”
Losses from cybercrime are only likely to increase because of far-reaching global connectivity, warned James Trainor, Aon’s senior vice president of cyber solutions
Tax compliance and reporting software firm Sovos has acquired FiscalReps
Ventiv Technology has acquired Webrisk from Effisoft SAS, the risk and insurance and reinsurance solutions firm
Stellar Insurance Limited has received a financial strength rating and long-term issuer credit rating of “A (Excellent)” and “a”, respectively, from rating agency A.M. Best
MetLife has appointed Mark Baldwin as business development director for its UK employee benefits business, in a bid to strengthen its market presence
Peter Hewitt has retired from his role as client director at FiscalReps, after serving at the company since 2012
