Trilogy Managing General Agents (Trilogy) has announced the appointment of Mr Peter Staddon as a non-executive director, effective immediately.
China's share of global premiums will continue to rise rapidly to an estimated 18% in 2030, half the share of the US, Swiss Re Institute predicts in its latest sigma report. The forecast 18% is almost double China's 10% share of the global market last year.
Zurich UK has announced that it will be returning GBP300,000 ($375,808) to travel insurance policyholders and is now in the process of offering a refund or rescheduling cover for every single policy holder (8,000 customers) who were unable to travel during the UK's lockdown.
Amid the COVID-19 pandemic, Generali's P&C unit Global Corporate & Commercial (GC&C) Iberia & LatAm has developed a new system for remote facility inspection through mobile phones in Spain.
The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims according to Bank of England. The industry continues to await decision by the court on whether existing policies cover big losses caused by the coronavirus crisis.
The FBI has seen a spike in fraudulent unemployment insurance claims complaints related to the ongoing COVID-19 pandemic involving the use of stolen personally identifiable information (PII).
AIA Group has achieved the largest number of Million Dollar Round Table (MDRT) members for six consecutive years, becoming the only multinational company in the world to do so.
A new survey from CyberArk has found that work-from-home habits, including password re-use and letting family members use corporate devices, are putting critical business systems and sensitive data at risk.
Pragma cybersecurity consultancy of Singapore continues to be on the cyber incident panel of Canopius, the global speciality (re)insurer. This will help Canopius provide a rapid response to its customers across Europe and Asia in case of cyber-breaches.
For the first time, cyber-attacks on mobile devices have outpaced desktop attacks by volume, with a 56% y-o-y growth in mobile attack rate. This according to LexisNexis Risk Solutions' Cybercrime Report.