Keep up with the latest actuarial news in our weekly round-up…
Around a third of cyber security professionals believe that cyber insurance is a good thing. However, a recent social media poll also confirmed that many cyber security staff, view this type of insurance as a ‘necessary evil’.
Arthur J. Gallagher & Co has agreed and signed head of terms for a deal that will see the global brokerage take 100% ownership of Capsicum Reinsurance Brokers LLP, a full-service international reinsurance broker.
Around half of chief financial officers (CFOs) in Europe are feeling pressure from their customers and employees to take action on climate change, a new survey by Deloitte has found.
Insurance and reinsurance industry Chief Executive Officers (CEOs) have expressed frustration at the reinsurance pricing environment and have highlighted a reliance on primary rate increases.
Global reinsurance giant Swiss Re has reported group net income of $1.3 billion for the first nine months of the year, supported by growth in reinsurance.
Nearly half of the global reinsurance market is now limiting services for the coal sector; after AXIS Capital yesterday became the second US insurer to announce restrictions.
A pension schemes bill is set to be laid in parliament in the coming weeks; after the government announced a wide-ranging suite of reforms in the Queen’s Speech this week.
Britain’s impending departure from the European Union is creating expansion opportunities for specialist general insurers; who buy up and manage policies closed to new customers.