Marsh extends Cyber ECHO facility to $125m of excess capacity
Marsh has added another $25m to its excess cyber facility ECHO, bringing its overall capacity to $125m. The broker said…
Beazley grows premiums 7% in Q1 as overall rates flatten
Beazley booked premium growth of 7% for the first quarter of this year to $1.48bn after rate increased slowed to…
Risk managers urged to include climate change impact on workforce health
Climate-related medical alerts spiked by 80% last year, according to medical and travel services firm International SOS, which urged organisations…
New Africa-focused syndicate launched at Lloyd’s
A new syndicate at Lloyd’s focused on underwriting business across Africa has been launched by Africa Specialty Risks (ASR). It…
WTW and Riskonnect partner on risk diagnostic tool
WTW and risk management software firm Riskonnect are partnering to pilot an “innovative” risk diagnostic tool that promises to provide…
AM Best upgrades outlook for UK market and expects further rate hardening
AM Best has revised its outlook for the UK non-life insurance market to stable from negative, in part because it…
Stable outlook for Gulf Cooperation Council insurance markets, says Best
Growth prospects for the insurance markets of the Gulf Cooperation Council (GCC) remain plentiful as new insurable risks enter the…
Hartford profits soar 41% in first quarter
Hartford Financial Services reported first-quarter net income of $748m, a 41% increase compared with the year-ago period. The increase was…