5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It

5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It

By  | August 18, 2017  (Insurance Journal) 

Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation.

“We have a lot of money going into trying to address this problem,” David Garrett, founder of Tensyl Security, a San Mateo, Calf. -based security consulting firm, told executives at

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Nicoz Diamond (Zim) Results Analysis FY2016 (syndication Equity Axis/ Insurance24

Nicoz Diamond (Zim) Results Analysis FY2016

Key Highlights 

o   Gross premium written up 2% from $28.9m in 2015 to $29.6m in 2016

o   Earned Premium up 9% from $17.7m in 2015 to $19.3m in 2016

o   Claims up 13% from $11.2m in 2015 to $12.7m in 2016

o   Total costs up 3% from $17.2m in 2015 to $17.8m 2016

o   PAT up 1.3% from $0.1m in 2015 to $1.7m in 2016

Operating Income Composition ($m)

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The ZSE Insurance Monitor: Old Mutual saves insurers in subdued mid-week trading

The ZSE Insurance Monitor: Old Mutual saves insurers in subdued mid-week trading

 Insurance24

HARARE, In a mid-week trading session on which the Zimbabwe Stock Exchange (ZSE) entered a consecutive second day to close in the red, for insurers only Old Mutual traded positive although in a marginal gain of $0.0003 to close at $3.93.

The diversified insurance and financial services group’s marginal

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Pensioners – Orphans Of Their Own Industry?

Pensioners – Orphans Of Their Own Industry?

GANDY GANDIDZANWA & ITAI MUKADIRA

The Defined Contribution system has been faulted, rightly or wrongly so, on many fronts. To imagine it though being blamed for not taking real care of its very own, at the time of their most need, feels more like an imagination overstretch. Sadly, it is the reality.

Forty years on, following those mass conversions from DBs to DCs of the early 1980s, we can now

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