Global Economy
Actuaries Climate Index, RMS Peru Earthquake Model Ready for Market
RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS's case, the catastrophe modeling firm ...
London Insurers Outline Their Post-Brexit Market Needs Ahead of Negotiations
Companies operating in the London insurance market are zeroing in on four priorities for the upcoming Brexit negotiations. The objectives outline arrangements that will help the City of London ...
Cyber Risk Management Essential Even Though Security Can’t Be Foolproof
No company is fully secure from cyber breaches, no matter how sophisticated its cyber defense mechanisms, which is why every company should develop a cyber risk management strategy, according Marsh ...
Cultivate a Culture of Security Awareness, and Other Corporate Cybersecurity Tips
In a world where insurers and their client companies alike must combat fast-shifting cybersecurity threats, experts cite practices that can at least minimize risk. Arthur J. Gallagher & Co. does ...
Executives On The Move at XL Catlin and Willis Re
XL Catlin promoted a veteran executive to lead its Multinational Casualty Insurance segment. A Willis Re exec has moved up the ranks to become global deputy CEO. *** XL Catlin appointed James Barbuti ...
IoT May Be Factor in Soaring Cyber Attacks on Chinese Firms
Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data ...
Verisk Acquires Data/Analytics Firm MarketStance for Undisclosed Price
Verisk Analytics disclosed it has snatched up MarketStance, a well-regarded firm that provides property/casualty insurance companies, brokers and agents market intelligence data and analytics. ...
S&P Prediction: InsurTech Will Become Part of Traditional Insurance Landscape
InsurTech has a complementary place in the traditional insurance world, despite remaining uncertainty in the industry about how it will function on a wide scale, Standard & Poor's said in a new ...