Emerging Markets
Cyber Attacks Escalate in Asia, But Secrecy Prevails
Once a month, cyber security lawyer Paul Haswell gets a call from an Asian company with the same question: We've been hacked. Who do we need to tell? More often than not, his answer is "no one." The ...
Lloyd’s of London Plans to Expand into Malaysia in Emerging Market Push
Specialist insurance market Lloyd's of London said on Thursday it planned to apply for an onshore reinsurance license and open an office in Malaysia, as part of its push into emerging markets. ...
ACE Moves to Larger Singapore Space as Asia Expansion Continues
ACE Group said it moved to larger space in Singapore to help facilitate continued expansion in the Asia Pacific Region. Specifically, ACE's new operations entail 38,500 square feet housing more than ...
Most Western, Middle East Insurers See Iran As Attractive Market
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
Executives On The Move at ACE, Mt. Logan Re, Aon and More
We have executive promotions and appointments to tell you about at ACE Group, Mt. Logan Re Ltd (Everest Re), DUAL, and Aon plc: *** ACE Group promoted Stephen Crabb to the newly created role of head ...
Cyber Climbs the List as a Major Risk: PwC & CSFI Survey
Regulation is the top insurance industry concern for the third year in a row, but cyber has grabbed carriers' attention like never before, according to the Centre for the Study of Financial ...
AIG, Allianz Stand to Gain From Nestle’s $2.3B India Noodle Mess
As Nestle SA slugs it out with India's food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American ...
Swiss Re: Food Contamination Liability Costs are Surging
Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging, Swiss Re found in a new report. Among the findings: the number ...