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Top related persons:
Lloyd's - 1 John Neal - 1 Neal - 1 QBE - 1 Bruce Carnegie - 1 Brown - 1 Charles Roxburgh - 1 John - 1
Top related locs:
London market's City of London Lloyd's
Top related orgs:
Carnegie - 1 of Lloyd's - 1 Market Association - 1

Search resuls for: "Patrick Tiernan"


2 mentions found


☆ Lloyd's of London CEO John Neal to leave in 2025
  + stars: | 2025-01-08 | by ( ) www.cnbc.com   time to read: +2 min
The interior of Lloyd's of London, the centuries-old insurance market, is pictured in central London on April 27, 2016. Lloyd's of London CEO John Neal will leave in 2025 to join insurance broker Aon , the commercial insurance market said on Wednesday. Neal will become global CEO of Aon's reinsurance business and global chairman of climate solutions, Lloyd's said in a statement. Neal has headed Lloyd's for more than six years, and was previously group CEO of insurer QBE . Patrick Tiernan, currently chief of markets at Lloyd's, could be a possible successor to Neal, two insurance industry sources said.
Persons: Lloyd's, John Neal, Neal, QBE, Bruce Carnegie, Brown, Charles Roxburgh, John, Sheila Cameron, Cameron, Patrick Tiernan, Aon, Andy Marcell, Marcell Organizations: Carnegie, of Lloyd's, Market Association Locations: London, market's City of London, Lloyd's
☆ Cyber Insurers Turn Attention to Catastrophic Hacks
  + stars: | 2022-11-28 | by ( James Rundle | ) www.wsj.com   time to read: +5 min
While cyber insurance has evolved significantly in recent years, insurers say they might still be unprepared for the fallout from a catastrophic cyberattack. “I think it’s important we stress that the insurance industry has not had a catastrophic event,” said John Coletti, head of cyber reinsurance at Swiss Re. “We have hundreds of years of history of understanding that risk,” Mr. Tiernan said. Part of the challenge for modeling cyber catastrophes is that historical data simply doesn’t exist to produce accurate models, Mr. Tiernan said. “We probably need to pay a little more attention to the assumptions that underpin them.”Write to James Rundle at james.rundle@wsj.com
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