Suncorp’s profits hit by life division sale
August 7 2019 by Andrew Tjaardstra-
Exclusive: Hannover Re names Blake Dimitrijevic Australia MD as Michael Eberhardt heads to Bermuda
- July 25
Dimitrijevic, who joins from Guy Carpenter, will succeed Eberhardt who is set to take charge as managing director and chief underwriting officer for Hannover Re Bermuda.
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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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Crowdstrike IT outage insured loss to range from US$540m to US$1bn: Parametrix
- July 25
The loss covered under cyber insurance policies is likely to be no more than 10% to 20% of the US$5.4bn direct financial loss facing the US Fortune 500 companies, due to large risk retentions and low policy limits.
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Asia insurance rates decline 3% in Q2 led by finpro and cyber lines: Marsh
- July 24
Rates drop for the second-straight quarter and widened from the 2% drop recorded in the first quarter. Led by D&O, finpro lines had the highest decline at 9%, while cyber rates declined by 6%.