Risk
Europe’s Digital Health Pass Plans Confront Data Security and Fraud Risks
As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building ...
Auto Insurance MGA Focused on Underserved Populations Raises Seed Funding
A startup managing general agency designed to give underserved populations affordable access to auto insurance has raised seed funding to help it launch an initial product. Sigo pulled in $1.5 ...
Facial Recognition Tech Should Be Banned: EU Privacy Watchdog
Facial recognition should be banned in Europe because of its "deep and non-democratic intrusion" into people's private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said ...
Business Travelers Eager to Fly Again, With Focus on Extra Precautions: Chubb Survey
Business travelers are itching to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions, according to a new global survey ...
COVID-19 Knocks U.S. Inland Marine Insurance Behind in 2020: A.M. Best
The U.S. inland marine insurance segment experienced a "significant downturn in profitability" in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, ...
Fake Coal Dumped in Front of Lloyd’s HQ in Climate Change Protest
Lloyd's of London was the focus of climate change activists on Friday, when a group called "Insurance Rebellion" used a dump truck to deposit a large pile of fake coal in front of the Lloyd's ...
Reinsurers Still Made Money in 2020 Despite Catastrophe and Investment Losses: Aon
Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well as compromised investment returns, a group of reinsurers studied by Aon reported positive ...
The Hartford CEO Swift: Optimistic About BI Claims and Pandemic Fading
The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and said related concerns about business interruption ...