Non-life / General

Average home insurance premiums drop 1.2% despite rise in accidental damage claims

Allianz Global Corporate & Specialty Partners with Google Cloud and Munich Re to Provide Cyber Risk Management Solution for Cloud Customers

Allianz Global Corporate & Specialty (AGCS), the corporate insurer of Allianz SE, and Munich Re have jointly developed a new commercial cyber risk insurance solution called “Cloud Protection +.”

Personal belongings must be kept close to the insured

The policy for the insured valuables that are governed by the “close personal custody and control requirement”, means that the insured property shall be “held by, worn or attached to the insured at all times whilst in transit.”

New Lloyd’s report highlights the increasing risk of cyber-attack to the industrial sector

Lloyd’s, in partnership with cyber analytics specialist CyberCube and reinsurance broker Guy Carpenter, has today launched a new report which examines how ‘Internet of Things’ devices are posing an increasingly high risk of cyber-attack to industrial and manufacturing businesses.