Claims & Reserving
Corporate ‘Cyber Bombs’ Making Intelligence Officers Worried
A growing number of countries can hack into private computer networks and install malicious software to sabotage another country's infrastructure, Germany's domestic spy chief said on Tuesday. China, ...
Tropical Storm Gordon Weakens to Tropical Depression, Missing Hurricane Predictions
Gordon was rapidly weakening to a tropical depression after coming ashore near the Alabama-Mississippi border late Tuesday and killing at least one person while knocking out power to thousands. The ...
California, Hammered by Fires, Plans for Many More Climate-Change Risks
Two-thirds of California's beaches may be washed away by the end of the century, according to the state's latest forecast. California's fourth statewide climate assessment details the increasingly ...
Hawaii Still Vulnerable to a Weakened Hurricane Lane
Hurricane Lane has lost some of its punch as it prepares to brush past Hawaii but still threatens to inflict "tens of millions of dollars" in damages on the islands. The storm weakened to Category 4 ...
Global Insured Catastrophe Losses Improve in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20 billion, down from $30 billion in H1 2017, according to Swiss Re Institute's latest sigma ...
Hackers Test Voting Systems for Breach Liabilities at Security Convention
Def Con, one of the world's largest security conventions, served as a laboratory for breaking into voting machines on Friday, extending its efforts to identify potential security flaws in technology ...
Trading Apps Leave Investors Vulnerable to Cyber Attacks: Report
Dozens of applications used for online trading by retail investors have cybersecurity vulnerabilities, some of which could lead to hackers siphoning funds from account holders, according to security ...
$500M Cat Bond Set to Expand FEMA’s Flood Reinsurance Plan
The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets ...