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Rising claims and higher loss ratios are putting pressure on insurers, however

The increase more than doubles the firm’s previous limit of $10 million in the region

Transaction is the fourth and largest sponsored by the specialist insurer under its PoleStar Re programme

Despite threats, affluent North Americans show gaps in their own wealth-protection planning

The insurer has entered the digital-asset market with a combined cyber and financial institutions crime product

In Europe, new cell captives and cell formations are outpacing single-parent captive structures

Captives are proving to be one of the most adaptable tools to manage the rising threat of high-tech attacks

Company names Yosha DeLong as global engagement officer and Brian Bonkoski as global head of division

Peter Smith and Tara Sapru will help shape underwriting strategy and expand Axis' speciality cyber solutions

The cyber-reinsurance specialist has appointed Jacquelynn Morley to a senior underwriting role

The flexible insurance product will be available to companies with up to $2 billion in revenue

The UK company established its underwriting and risk capital centre in Bermuda seven years ago