Market News
Guernsey Finance, GIIA To Appoint an Insurance Business Representative
Guernsey Finance and the Guernsey International Insurance Association (GIIA) are looking to appoint a dedicated business development representative for the insurance sector. The move would be a departure from the way Guernsey Finance typically partners with industry to promote Guernsey's financial services to the world. Read More
Rating Agency Cites Negative Impact of Growing Ransomware Threat
The frequency, severity, and sophistication of ransomware attacks in the United States rose dramatically in 2021 from a year earlier, according to Fitch Ratings. That trend is likely to continue as long as the profit incentives remain high for cyber criminals and outweigh the perceived risk of prosecution. Read More
May "CICR" Looks at Cyber Risk and Possible Solutions
Don't miss the May issue of "Captive Insurance Company Reports" ("CICR"), in which Dr. Marcus Schmalbach, CEO of RYSKEX GmbH, explores systemic cyber risk and potential solutions. Read More
No Time Like the Present: Loss of Key Employee Insurance
The experience of the COVID-19 pandemic has given many businesses an opportunity to recognize the potential business impacts of losing key employees. Recognition of this trend is one more reason for businesses to reassess and develop effective risk mitigation strategies to counteract the loss of key employees. Read More
Strategic Risk Solutions Adds Second Luxembourg Office
Independent insurance company manager Strategic Risk Solutions (SRS) is continuing its expansion in Europe with the opening of a second Luxembourg office. SRS has a 5-year strategy plan to expand in Europe, and the appointment of key executives over the past 2 years and opening the additional office in Luxembourg are part of that plan. Read More