The average cost of a medical malpractice claim has increased by 50 percent in the US since 2009, according to Beazley, an insurer of hospital professional liability. 27 November 2019
Captive insurance companies in Bermuda, Cayman and Barbados rated by AM Best have outperformed the segment’s counterparts in the commercial casualty sector, the rating agency said. 27 November 2019
The cyber insurance market will attract $14 billion by 2022, according to research by Valuates, driven by increased take-up in Asia in particular. 26 November 2019
Amynta Group, which provides protection products and services across the automotive, consumer and specialty equipment markets, has named Scott Allan as global head of warranty structured solutions and reinsurance. 26 November 2019
Too many companies are taking a tactical approach to managing cyber risk, when they should be approaching the issue strategically, according to Susan Young, senior vice president in the cyber center of excellence at Marsh. 25 November 2019
The death of the 831(b) captive insurance tax shelter has sent the industry into recession, according to Matthew Queen, general counsel at Venture Captive Management. 21 November 2019
The Doctors Company (TDC) has promoted longtime company executive Marco Vanderlaan to chief financial officer (CFO) and chief risk officer. 21 November 2019
