The Turkish general insurance market made a profit of $357m (€260m) in 2013 after four years of poor results.
Organizations must improve their response to cyber risks if they are to avoid a global shock similar to the 2008 financial crisis, insurer Zurich has warned.
Global reinsurers posted solid underwriting gains in 2013, as catastrophe-related losses were manageable and loss reserve development remained favorable, according to Fitch.
CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.
Food contamination issues can be extremely serious - and even if it happens in a country many thousands of miles away, news travels fast, which could mean bigger insurance implications for the companies involved.