Risk
Ukraine Blames Russia For Hacker Attack Against German Government
Ukraine's prime minister blamed Russian intelligence on Thursday for a hacker attack against German government websites, for which a pro-Russian group claimed responsibility. The attack on Wednesday ...
Insurers Hope to Identify AirAsia Crash Beneficiaries by Month’s End
Insurers have begun processing claims in the crash of an IndonesiaAirAsia aircraft last month and hope to identify the beneficiaries by the end of January, an official from Indonesia's financial ...
Guy Carpenter Reinsurance Pricing Index Plunges 11 Percent
Prices charged by reinsurers for annual contracts renewed this month declined for a second straight year amid an absence of costly disasters, Guy Carpenter said. "Reinsurance pricing fell in many ...
FHA Mortgage Insurance Premiums Reportedly Set For Reduction
As part of an effort to expand homeownership among entry-level buyers, President Barack Obama will announce a cut in Federal Housing Administration mortgage-insurance premiums during a speech in ...
Verisk: Cat Bond Issuance Hit Record Levels for Second Year in a Row
For the second year in a row, catastrophe bond issuance has hit record levels, an annual tally from the Property Claim Services unit of Verisk Insurance Solutions has concluded. Bond levels reached ...
TRIA Renewal Effort Begins Again With Republican-Led Congress
Twenty-eight trade groups representing the property/casualty industry and other businesses around the country are urging the U.S. House of Representatives to back a bill that would renew the ...
Berkshire Hathaway Specialty Adds Pollution Coverage
Berkshire Hathaway Specialty Insurance announced Tuesday that it is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its ...
Sony CEO Lauded Employees and Others For Fighting ‘Extortionist’ Hackers
Sony Corp Chief Executive Officer Kazuo Hirai on Monday praised employees and partners of the company's Hollywood movie studio for standing up to "extortionist efforts" of hackers who attacked Sony ...