Emerging Markets
AIG Execs: Cyber Insurance Demand Will Soar in China, Asia Following WannaCry Attack
Demand for cyber insurance from firms in Greater China and elsewhere in Asia is poised to soar, based on enquiries received after the "WannaCry ransomware" attack earlier this year, executives at ...
Bulk of July Natural Disasters Slam Asia; Damage Tally Surpasses $10B
The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report ...
Leaked Federal Climate Reports Could Slow Rollback of Federal Regulations
A pair of highly anticipated government studies, one of them due to be released this week, could complicate President Donald Trump's effort to roll back federal climate regulations, according to ...
Generali Will Sell Panama Business to ASSA for $172M
Generali has entered into an agreement to sell its Panama business to ASSA Compañía de Seguros S.A., for $172 million, continuing its strategy to focus on core businesses. Under the transaction, ...
U.S. Army Abandons Use of Chinese-Made Drones Due to Cyber Vulnerability Worries
The U.S. Army has ordered its members to stop using drones made by Chinese manufacturer SZ DJI Technology Co Ltd because of "cyber vulnerabilities" in the products. An Aug. 2 Army memo posted by sUAS ...
Breaking the Silence: Cyber Physical Cat Models Emerging
A frightened truck driver dodging a barrage of bullets fired from the assault rifles of a drug-smuggling criminal gang doesn't seem like the obvious description of the final stages of a cyber attack. ...
Cyber Insurance Pricing Not Keeping Pace as Exposures Rise
Increasing competition in the cyber insurance market is keeping prices for coverage below where they probably should be, experts said at an industry conference that took place just days after the ...
The Great Cyber Debate: Product or Peril?
Ask a cyber liability expert to describe the market and you're likely to hear words like "dynamic, "revolutionary," "innovative"—even "radical." And they wouldn't be wrong. The cyber market has ...