Risk
Insurers, Other Investors Ignoring #MeToo Risks Among Fund Managers
Investors are failing to ask fund managers about sexual misconduct claims and discovering such evidence wouldn't necessarily deter them from committing capital to firms, an industry group found. In ...
At-Bay Secures $13M Financing; Money Will Fuel Launch of Cyber Insurance Products, Services
At-Bay pulled in a $13 million round of new funding. Plans call for using the cash infusion to propel a debut of its cyber insurance products and quicken development of a proactive cybersecurity ...
Nationwide Makes Strategic Investment in InsurTech Startup Betterview
Nationwide said its venture arm has made a strategic investment in Betterview, a machine learning InsurTech startup that focuses on capturing and analyzing data from drones, satellite and other ...
Executive Viewpoint: Insurers Must Raise Their Own Cybersecurity Standards Before They Can Credibly Protect Others
Business owners, particularly those with small-to-medium-size businesses, often think of cyber risks as an information technology problem, not a management problem. They believe their IT staff or ...
With Eye on Brexit, Tokio Marine Picks Luxembourg as EU HQ
Tokio Marine Group said it has received regulatory approval from Luxembourg's Commissariat aux Assurances and the Japanese Financial Services Authority to set up a new insurance company in ...
Europe’s Regulators Say They Aren’t Ready for Sweeping New Data Privacy Law
Europe's General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web. There's one problem: many of the regulators who will police ...
Harvey Weinstein Countersues Chubb, Seeking Payment of Legal Defense
Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd, saying Chubb must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or ...
China’s Anbang Insurance Reportedly Reviewing Assets for Possible Divestments
Anbang Insurance Group Co., the once-acquisitive Chinese insurer that's operating under government control, said it is in the process of reviewing all of its overseas assets amid reports of imminent ...