Cyber insurance will become more ubiquitous & more…Keep up with what has been happening this week in our latest insurance news round-up…

Munich Re cuts coverage for oil and gas projects

The world’s biggest reinsurer Munich Re has cut back its coverage of oil and gas projects, as activists step up pressure on the industry to do more to tackle climate change.


 

Cyber insurance will likely eventually become as ubiquitous as public liability or professional indemnity coverage, according to a new report by Global Insurance Law Connect (GILC), an alliance of insurance law firms.


WTW expands Spain team with four new hires from Aon

WTW has bolstered its Spanish operations with the appointment of four new team members. Mariano Villar joins the global advisory and broking company as head of trade credit, Spain. 


Aon expands reputational risk data and analytics capabilities

Global professional services firm, Aon, has expanded its data and analytics capabilities for reputational risk with the acquisition of advanced analytics and advisory services provider, Pentland Analytics’ reputation crisis database.


 

Ardonagh Specialty – the business within The Ardonagh Group that spans Besso Insurance, Bishopsgate, Compass London Markets, Ed Broking, Inver Re, Piiq Risk Partners, and Price Forbes – is acquiring Lloyd’s broker Oxford Insurance Group, subject to regulatory approval.

RSA takeover set to complete by end of May & more...

 

 

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