Global Economy
Hackers Will Become More Cunning in 2017 as Cyber Risks Intensify: Report
Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according ...
Brexit Uncertainty Targeted by New Aon Risk Management Tool
Aon plc is launching a new product designed to address uncertainty and manage risk created by Britain's Brexit vote in 2016 to leave the European Union. The company's new "Brexit Navigator" is ...
Executives On The Move at Everest Insurance and JLT
Everest Insurance added a number of new executives in its retail, wholesale and inland marine areas. JLT's U.S. arm hired a former Marsh & McLennan executive tasked with business development in a ...
FBI Alleges VW Execs Concealed Diesel Cheating
Volkswagen (VW) executives decided to cover up cheating of U.S. emissions tests when they were told about it almost two months before the matter became a public scandal in 2015, according to a court ...
Post-Brexit, London’s Financial Services Sector Must Keep EU Access: Industry Report
Britain's financial services sector must keep its unfettered access to the European Union's single market after Brexit given that available alternatives don't provide a sustainable long-term ...
A Soft Reinsurance Market May Be Hitting Bottom: A.M. Best
Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling out underpriced programs and further concessions in terms are ...
XL Catlin Tops J.D. Power’s 2016 List of Highest-Performing Large Commercial Insurers
XL Catlin was 2016's highest-performing large commercial insurer in terms of customer satisfaction, according to the latest J.D. Power study. CNA, Chubb, Berkshire Hathaway Homestate Companies and a ...
Beazley Partners With VALE on Environmental Coverage for U.S.-Domiciled Firms
Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to U.S.-domiciled firms with revenues of up to $15 million. VALE will offer the full suite ...