Emerging Markets
Tech Firms Warn of Growing Cyber Risks, From Medical Devices to Sex Toys
It's not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the Internet, it could be anything from medical ...
Cuba Presents Huge Insurance Market Opportunities (in Theory)
Cuba presents significant opportunities for insurers and others businesses in the months ahead as the U.S. restores diplomatic ties. The market is not a slam-dunk, however, as it presents significant ...
Security Firms Blame Chinese Hackers for U.S. Ransomware Attacks
Hackers using tactics and tools previously associated with Chinese government-supported computer network intrusions have joined the booming cyber crime industry of ransomware, four security firms ...
The Rapid Global Ascendance of China’s Anbang Insurance
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance. The ...
The Latest Launches From Chubb, Aon Benfield, Travelers and More
Chubb will start selling construction industry-related insurance to midsize firms for the first time. Aon Benfield debuts charter flight cancellation coverage. Travelers is now offering a homeowners ...
U.S. P/C Carrier Employment Begins 2016 in Decline: I.I.I. Report
U.S. P/C carrier employment began January 2016 in decline, according to a new Insurance Information Institute report. Over the last 12 months, job figures average out as essentially flat. Direct P/C ...
Executives On The Move at Ironshore, Liberty Mutual, Selective, and More
Ironshore International added a new underwriting manager to help build up its terrorism coverage in Asia Pacific. Selective Insurance's CFO is retiring. Liberty Mutual and Sompo Canopius AG promoted ...
Global Regulators Propose Stricter Banking Rules to Address Cyber and Fraud Risks
Global regulators have proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks, fraud or hefty fines. The proposals are the ...