Risk
Beazley/Munich Re Start Selling Broad Cyber Cover for Large Global Companies
Beazley will link up with a unit of Munich Re to roll out broad cyber protection for the world's largest companies, with a focus on digital assets and IT infrastructure. Plans call for Beazley, the ...
Global Cyber Email Scams Cost Businesses Billions of Dollars
Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to ...
Ex-AIG CEO Benmosche’s Posthumous Memoir Slams Wall Street Greed
Robert Benmosche, the former American International Group Inc. chief executive officer who repaid a U.S. bailout, left behind criticism for Wall Street after his death. "The commissions being charged ...
CNA Grabs More Chubb Veterans for Leadership Positions
CNA Financial Corp., majority-owned by the Tisch family's Loews Corp., hired Kathleen Ellis and Drew Feldman to be senior vice presidents as the property-casualty insurer picks up more veterans of ...
The Latest Launches from Willis Towers Watson, GEICO, Ironshore and AIR Worldwide
Willis Towers Watson unveiled a slew of new analytic tools targeted to cyber and other risks. An Ironshore arm beefed up its director's and officers liability coverage for financial institutions in ...
Swiss Re, Generali, Gulf Re Execs Tapped to Lead Aspen’s Dubai Expansion
Aspen Insurance Holdings Ltd. hired senior underwriting managers for a new Dubai reinsurance operation as the company seeks expansion in the Middle East and Africa. Peter Thompson, formerly of ...
Ironshore Acquires Remainder of Tennessee Surety Bond Specialist
Ironshore Inc. is diving deeper into the surety market with plans to buy up the remaining 80 percent of an insurance holding company specializing in surety bonds that it doesn't already own. The ...
Wells Fargo Reaches $1.2B Settlement in U.S. Govt. Mortgage Suit
Wells Fargo & Co admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2 billion settlement of a U.S. Department of Justice ...