Corporate boards often express confidence in their cyber readiness, yet a new report from Willis, a WTW business, finds that actual cyber losses are "longer, broader, and costlier" than expected.
Diane Maxwell is to succeed Julia Graham as chief executive officer of the Association of Insurance and Risk Managers in Industry and Commerce (Airmic), the organisation announces.
Willis, a business of WTW, and Swiss Re Corporate Solutions announce an innovative parametric insurance policy that is activated automatically when a Red Weather Warning is issued by the UK Met Office or Met Éireann.
Augment Risk, a risk capital and reinsurance solutions intermediary, and Cohen & Company, an asset management specialist, announce a strategic joint venture (JV) aiming to revolutionise the reinsurance landscape.
S&P Global Ratings has raised its long-term issuer credit and insurer financial strength ratings on Iron Horse Insurance Co. and Traders Insurance Ltd. to ‘AA-’ from ‘A+’ following a revision of the captives’ group status assessment.
Gregory & Appel Insurance (G&A), a nationally recognised independent risk advisory firm, has announced a strategic evolution of its service model by implementing new vertical practices, a shift designed to deepen expertise in specialist areas such as
Skyward Specialty Insurance Group, Inc. (Skyward Specialty) has announced the launch of Skyward Specialty EndWell Protection, which the company calls an industry-first well decommissioning solution.
The Bermuda captive of energy trading giant Vitol Holding B.V., Rembrandt Insurance Company, affirms its "A" (Excellent) financial strength rating from AM Best.
