Underwriting
Systemic Risk Analysis: Are Cyber Insurers Whistling Past the Graveyard?
While ransomware was the hot topic at 2021 midyear insurance industry conferences, discussions of the broader topic of systemic risk—spurred on by recent hacks of SolarWinds and Microsoft ...
Americans Don’t Expect Normal Travel Until 2022: Generali Survey
Most Americans don't expect a return to normal travel until 2022, according to a new Generali survey, which mean smaller numbers will take a summer vacation this year than before COVID-19 hit. The ...
Ex-AIG Exec Wilson Joins CLARA Analytics as CEO
A former AIG chief data officer is the new CEO at CLARA Analytics, a provider of artificial intelligence technology for the commercial insurance industry. The company's board of directors chose ...
U.S. Pet Insurer Trupanion Plans Overseas Expansion
Trupanion, the Seattle-based medical insurer for cats and dogs, is pursuing an international expansion and has hired an executive to help guide the effort. Simon Wheeler will be its executive vice ...
Google to Confront Revived Shareholder Lawsuit Alleging It Hid Security Risks
A U.S. appeals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet Inc accused the company of fraudulently concealing security vulnerabilities, including in its ...
Reinsurers Seek Ways to Exclude Coal From Treaty Reinsurance
Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part - finding ways to ...
U.S. DOJ Files Antitrust Suit to Block Aon/Willis Towers Watson Merger
Aon's proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice suing to block the deal. The DOJ's civil antitrust lawsuit argues that ...
Britain Urges EU to Avoid Protectionism, Launch Financial Services Talks
Britain's finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism. Britain left the EU in ...