Crowdstrike IT outage insured loss to range from US$540m to US$1bn: Parametrix
July 25 2024 by Kristina Shperlik-
Nepal air crash: 99.7% of estimated US$2.78m loss ceded out to foreign reinsurers
- July 25
The hull and liability cover were provided by a Nepalese carrier Prabhu Insurance and reinsured with a London-based carrier through facultative cover, IAN understands.
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Indian and Malaysian carriers keen to transform claims and underwriting approaches
- July 23
The two fast-growing markets illustrate how insurers can ride on regulatory changes and innovative approaches to navigate challenges and capitalise on opportunities.
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GSA ropes in Suncorp’s Christina Ludovice as head of claims
- July 22
Sydney-based Ludovice will bring strategic support to the broker's claims team with a focus on negotiating expedited claims outcomes for the clients.
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BI claims in focus as carriers assess losses amid global tech outage
- July 22
The event could impact other lines beyond cyber including tech errors and omissions, D&O, and insurers may see liability and supply chain disruption claims.