Bermuda – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Cybersecurity Virtual Info Session On Nov 20

riskacademy — Fri, 20 Nov 2020 02:47:22 +0000

The Bermuda Economic Development Corporation [BEDC] will be hosting a virtual Lunch & Learn information session tomorrow [Nov 20] from 12.30pm to 1.30pm.

A spokesperson said, “Cyber criminals target companies of all sizes. Putting in practice a few cybersecurity basics will put you on the right footing, help you protect your business, and decrease cyber-risks facing your business. Want to know how? Join us on Friday, November 20th at 12.30pm for a presentation by the Cybersecurity Governance Board to find out what steps you can take now to protect your business.

“Have your questions answered by Brett Henshilwood, Partner at Deloitte Bermuda. Brett has over 15 years of risk management and internal controls audit experience within the financial services industry, gained in New Zealand, UK, and Bermuda. He chairs the Education Committee of the Cybersecurity Governance Board and will be available to answer your questions and advise on best practices.

“When? November, 20th 12:30pm – 1:30pm. Registration Info: Please register here for Cybersecurity Basics for Small and Medium-Sized Businesses on Nov 20, 2020, 12:30 PM AST

“After registering, you will receive a confirmation…

Robust, Reliable, Resilient—Amid Change – Insurance

riskacademy — Tue, 27 Oct 2020 06:25:29 +0000

Bermuda:

Robust, Reliable, Resilient—Amid Change

To print this article, all you need is to be registered or login on Mondaq.com.

First Published in Bermuda:Re+ILS/Bermuda Business Development
Agency Special Report

Bermuda’s reinsurance industry has endured many challenges
over the years, but its unique mixture of talent, capacity,
innovation and world-class regulation has ensured its adaptability
in the midst of change. It has remained the go-to hub for large and
complex risks globally and a hotbed for innovation for risk
transfer solutions. This virtual roundtable, held just before the
renewals season and sponsored by the Bermuda Business Development
Agency, drills down into the main opportunities that lie ahead for
the Island’s reinsurers.

Welcome to this special…

BMA Releases Insurance Sector Operational Cyber Risk Management Code Of Conduct – Insurance

riskacademy — Mon, 12 Oct 2020 14:57:32 +0000

Bermuda:

BMA Releases Insurance Sector Operational Cyber Risk Management Code Of Conduct

To print this article, all you need is to be registered or login on Mondaq.com.

The Bermuda Monetary Authority
(“BMA“) has released its Operational
Cyber Risk Management Code of Conduct (“the
Code“) for the insurance sector. The purpose of the
Code is to promote the stable and secure management of information
technology systems of registered insurers, insurance managers and
intermediaries (collectively,
“registrants“), highlighting the
critical nature of a registrant’s confidentiality, integrity
and availability of information to its daily operations.

Registrants must ensure there is adequate board visibility and
governance of cyber risk. The Chief Information Security…

Brokers report rising demand for cyber reinsurance: PartnerRe survey

riskacademy — Tue, 29 Sep 2020 10:25:45 +0000

Brokers are reporting increasing demand for cyber reinsurance in 2020, across the range of structures available in the market, the latest annual cyber insurance market survey from PartnerRe shows.

Bermuda headquartered reinsurance firm PartnerRe has surveyed the cyber insurance market in partnership with Advisen, speaking to 260 cyber insurance brokers and 190 cyber underwriters from across the globe.

The results of the survey suggest that understanding of cyber insurance coverage has improved dramatically in the last year, while consistency in terms of pricing and coverage offered has also improved.

At the same time, insureds are constantly requesting increased limits of coverage from their cyber insurers, suggesting that the market continues its trend of steady growth.

Managing potential aggregation risks in cyber underwriting is a key theme running throughout the survey results, with respondents saying that use of outside vendors to help them manage aggregation risks is expanding, while around 90% of the respondents said that aggregation management is a key determinant in cyber insurance underwriting and pricing decision making.

Rates are on the rise as well, with brokers…

Chubb Limited – Consensus Indicates Potential 11.9% Upside

riskacademy — Sun, 14 Jun 2020 23:26:55 +0000

Chubb Limited with ticker code (CB) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 165 and 120 with the average target price sitting at 135.94. Now with the previous closing price of 121.44 this now indicates there is a potential upside of 11.9%. The day 50 moving average is 113.62 while the 200 day moving average is 133.72. The company has a market cap of $56,731m. You can visit the company’s website by visiting: http://www.chubb.com/us-en

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, marine, casualty, workers’ compensation, package policies, risk management, professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and…

Chubb Limited – Consensus Indicates Potential 4.7% Upside

riskacademy — Sat, 06 Jun 2020 19:45:45 +0000

Chubb Limited with ticker code (CB) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 165 and 107 with the average target price sitting at 132.38. Given that the stocks previous close was at 126.45 this indicates there is a potential upside of 4.7%. The 50 day MA is 109.65 while the 200 day moving average is 134.67. The market capitalisation for the company is $60,721m. You can visit the company’s website by visiting: http://www.chubb.com/us-en

Bermuda – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Cybersecurity Virtual Info Session On Nov 20

Robust, Reliable, Resilient—Amid Change – Insurance

Bermuda: Robust, Reliable, Resilient—Amid Change

BMA Releases Insurance Sector Operational Cyber Risk Management Code Of Conduct – Insurance

Bermuda: BMA Releases Insurance Sector Operational Cyber Risk Management Code Of Conduct

Brokers report rising demand for cyber reinsurance: PartnerRe survey

Chubb Limited – Consensus Indicates Potential 11.9% Upside

Chubb Limited – Consensus Indicates Potential 4.7% Upside

Bermuda:

Robust, Reliable, Resilient—Amid Change

Bermuda:

BMA Releases Insurance Sector Operational Cyber Risk Management Code Of Conduct