Climate remains front of mind for reinsurers: PwCReinsurers have again ranked climate change as the most significant risk facing by the sector, according to PwC’s latest Reinsurance Banana Skins Survey, amid rising losses from an increasing number of more severe weather events.
Consilium launches Abbotts-led cyber, tech, and fintech divisionConsilium, the specialty (re)insurance broking business of the Aventum Group, has launched a new cyber, tech, and fintech division with Tom Abbotts appointed as its lead.
AGCS: Nat cats the main loss driver for TMT industry but cyber concerns dominateNatural catastrophes remain the major driver of insured losses for the technology, media and telecommunications industry, but cyber risks have risen up the agenda to become the primary concern among executives, according to Allianz Global Corporate & Specialty.
CFC adds professional liability and technology E&O for US SMEsSpecialist cyber insurance provider CFC has expanded its admitted product offering to include professional liability and technology E&O for US small and mid-size businesses.