Research
Lloyd’s Possibly Vulnerable to Catastrophic Cyber Attack
A review of almost 400 reinsurance contracts underwritten at Lloyd's of London has revealed potentially significant vulnerabilities and exposures if a catastrophic cyber attack should occur. Analysis ...
Best Revises Lloyd’s Outlook to Stable from Positive on Difficult Business Conditions
A.M. Best has revised the outlooks to stable from positive of Lloyd's and Lloyd's Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) ...
The U.S. Accounted for Nearly Half of H1’s Global Insured Losses
Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion – their highest levels since 2011, according to Impact ...
The Hartford is Rare Insurer to Protect Investments From Climate Change Risks: Analysis
Insurers manage a large chunk of the world's investment capital, but they're not acting fast enough to protect their investments from the adverse effects of climate change, the Asset Owners ...
Insurers Will Gain by Innovating for the Internet of Things
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, ...
Hacking/Malware Attacks Surge at Banks and Credit Unions: Beazley
Financial institutions such as small banks and credit unions faced a huge spike in the number of hacking and malware attacks during the first six months of 2016, Beazley found in a new report. ...
D&Os Worry These Days About Emerging Liability Risks and More
There are lots of emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. ...
Hiscox: Fraud Risks Prevalent at Professional Services and Small Businesses
It turns out that mid size companies in the professional services and financial industries, and small businesses overall, are particularly vulnerable to white collar crime in the U.S., Hiscox ...