Risk
Chances of El Nino Formation This Summer Now Exceed 65%: CPC Report
The chances have increased over the past month that the much-feared El Nino weather phenomenon, which can wreak havoc on global crops, will strike this year, the federal U.S. forecaster said ...
What’s Next for Cyber Insurance?
There's a saying in the cybersecurity industry that there are two types of businesses today: those that have been breached and know it, and those that have been breached and just don't know it. ...
U.S. Report: Climate Change Here, Deal With It
Climate change is in the here and now, according to a massive report issued on Tuesday. The White House's National Climate Assessment report is part of President Barack Obama's effort to prepare the ...
Company Data Breach Now Costs $3.5M on Average: Ponemon Study
The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study by the Ponemon Institute. The study also found that the cost incurred for each ...
As Expected, Munich Re’s Net Profit Fell During Q1
The world's largest reinsurer, Munich Re, reported an almost 5 percent drop in net profit in the first quarter, as a strong euro dragged down premium income. "Despite negative currency effects, we ...Cyber-Security Software Boom Boosts Symantec’s Prospects
Symantec Corp. is benefiting as hacking attacks fuel higher demand for cyber-security software, while cost cuts are bolstering profits. The biggest maker of antivirus tools issued a revenue forecast ...
Swiss Re Turns to Former Regulator As Its Latest CRO
Swiss Re is bringing in former financial market-regulator and former executive at the company as its new chief risk officer. The reinsurance giant disclosed on May 7 that Patrick Raaflaub will take ...
New Tech Can Help Boards Avoid Embarrassing Information Leaks
More than 100 of the nation's largest insurance companies are protecting their sensitive information by using Diligent Board Books, a software portal designed by Diligent Board Member Services Inc. ...