Aon, Lloyd’s report calls insurance to action on Ukraine resilience & more…Keep up with what has been happening this week in our latest insurance news round-up…

Cyber insurance rate increases see welcome slowdown – Marsh

Cyber insurance rate increases have decelerated nearly 80% on average in just six months, according to a new report from Marsh.

King Insurance continues expansion with the acquisition of Florida Assurers, Inc.

King Insurance, one of the fastest growing full-service insurance brokerage firms in the nation, announced today that Florida Assurers, Inc. (“FAI”) has joined the King Insurance team.

Aon, Lloyd’s report calls insurance to action on Ukraine resilience

A report from Lloyd’s and Aon has called on the insurance industry to help customers build resilience against the impacts of the Ukraine war.

Global Travel Insurance Market Size to grow USD 99 Billion by 2030

The Global Travel Insurance Market Size is projected to grow from USD 13.3 billion in 2021 to USD 99.0 billion by 2030 at a CAGR of 25% during the forecast period. as per the latest research report by Spherical Insights & Consulting. The Asia Pacific is expected to grow the fastest during the forecast period.

Cyber MGA Coalition and BDT Capital Partners Launch Bermuda Reinsurer Ferian Re

Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber programs.