With cyber threats on the rise, what do you think will be the biggest driver of industry losses across the next two years?
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The re/insurance news that matters delivered to your inbox, or to read online, daily. Reinsurance News is run by professionals with years of experience in journalism, knowledge management and the creation of timely insight for the reinsurance and risk transfer sectors. By combining our experience in knowledge management and our broad reinsurance insight with technology, we aim to bring you the most important reinsurance, specialty & commercial insurance news online and in a simple daily email. You can visit ReinsuranceNe.ws online at any time to catch up on the latest stories and our views on global reinsurance market trends. We're publishing stories all day, every day. Reinsurance News brings the insurance and reinsurance industry news that matters to a growing global audience. Our loyal readership averages more than 220,000 unique users per month at January 2024, peaking at over 300,000 in busy periods and we're still growing.
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Recap the most important re/insurance industry news, featuring: Karen Clark & Company, CoreLogic, CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), Aviva, James River Insurance Company, The Toa Reinsurance Company, Limited, Marsh McLennan, AM Best, BMS Group, Lockton, Acrisure, Everest, Aon and MAPFRE RE.
Earlier this week, Parametrix, a provider of cloud monitoring, modeling, and insurance services, successfully secured a $50 million parametric cloud outage coverage for a US retail chain.
P&C insurer Chubb has announced a number of new leadership appointments, including Ana Robic and Ben Rockwell as Senior Vice President, Chubb Group.
Managing general agent, XS Global, has established its presence in Dubai with the launch of its operating unit, XS Global (DIFC) Limited, led by Stephen Saunders.
Blackstone Credit & Insurance (BXCI), a division of the global investment firm Blackstone, recently announced the appointment of Tyler Dickson, the former Global Head of Investment Banking and Vice Chair of Banking & International at Citi, as its Global Head of Client Relations.
During yesterday’s S&P Global Ratings Insurance In Focus webinar, Ali K., Director and Lead Analyst, stated that if a large tail, 1-in-200 year catastrophe event were to occur, the global reinsurance sector is well-prepared and would be able to manage it effectively.
Ascot U.S, a P&C re/insurer part of Ascot Group, has partnered with Phinsys, a finance automation software provider for the re/insurance sector, to modernise its business technology landscape and enhance its financial and accounting operations.
Oka, The Carbon Insurance Company™, and Socotra, a provider of modern policy administration systems, have formed a strategic partnership aimed at the carbon markets and scaling climate solutions.
Markel Canada, a division of London-domiciled casualty insurer Markel International, a subsidiary of Markel Group, has officially launched Markel Play, which will serve as a comprehensive insurance product tailored for the sports, fitness, and recreation sectors.