Cyber

Cyber Monday Sales; Labor Market Data; Earnings from Salesforce, CrowdStrike, and More

Investment Tips /
Cyber Monday Sales; Labor Market Data; Earnings from Salesforce, CrowdStrike, and More

After a strong, short Thanksgiving week for U.S. stocks, a busy schedule of economic indicators and corporate earnings awaits. Private sector payrolls for November could prove a highlight, though market watchers will have to wait until later in December to get the government’s latest monthly jobs report, which was delayed by the government shutdown. Reports […]

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Daily Digest: Gallagher Re on Apac cyber, Female underwriting talent warning, Insurers and COP30

Home Insurance /
ID Daily Digest Tuesday

Catch up on the essential news and analysis from the Insurance Day experts       Related Stories Daily Digest: Gallagher Re on Apac cyber potential, LMA warns of declining female talent, Bringing substance to climate talks Apollo marine, energy and transportation head Mason to retire LMA warns of declining female underwriting talent pipeline at Lloyd’s  

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London risks underestimating Apac cyber market: Gallagher Re

Home Insurance /
Seoul

'There’s even more capacity in Apac than we realised before,' reinsurance broker's international cyber lead, Jen Braney, says       Related Stories Aviation overcapacity driven by ‘hope’ of market turn: Fidelis Aviation war overcapacity driven by ‘hope’ of market turn: Fidelis US property reinsurance quotes coming in 5% to 10% down: Acrisure Re's Piccione  

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TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions; MGA Augmented Names Overall From Atrium as Head of Underwriting

Health Insurance /
Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships

This edition of International People Moves details appointments at the specialty insurer Tokio Marine Kiln and the MGA Augmented UW. A summary of these new hires follows here. TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions Tokio Marine Kiln (TMK), a Lloyd’s specialist insurer, announced the appointment of Cesar Silvestre as head of

TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions; MGA Augmented Names Overall From Atrium as Head of Underwriting Read More »

Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024

Health Insurance /
Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024

Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138 million (US$181.6 million) more than in 2023, according to the Association of British Insurers (ABI). Malware and ransomware alone accounted for 51% of all claims, up from a total of 32% of all claims in

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