Reinsurance
Data Breaches Take Months to Discover, but They Happen Within Minutes
While it typically only takes a short amount of time for a successful breach to compromise data, the amount of time it takes for a breach to be discovered is more likely to be months. This means ...
China Pledges to Remove Financial Company Foreign Ownership Limits by 2020
China said it will bring forward plans to remove foreign ownership limits on financial companies, as it speeds up efforts to open the $44 trillion industry to overseas competitors. Full foreign ...
Giving a Presentation? Focus on Making the Message Clear and Relatable
Nearly every executive has experienced or will experience giving a presentation to an audience. In turn, many audiences have seen an executive presentation that drones on and on and veers into too ...
W.R. Berkley Corp. Hires Former AIG Exec Fenster to Run Commercial Transportation Insurance Arm
A former AIG executive has joined W.R. Berkley Corp. to lead a new commercial transportation insurance division backed by data and analytics technology. Jeanne Fenster will be president of Berkley ...
Dutch Agency Warns State-Backed Cyber Espionage Is Becoming Escalating Threat
The Dutch intelligence agency (AIVD) on Thursday warned of the escalating threat of state-backed cyber espionage, saying the Netherlands was particularly vulnerable as a hub for international ...
Happy National Insurance Awareness Day
Has it really been a year since we last celebrated National Insurance Awareness Day? To properly celebrate the holiday, I have included a few words of appreciation about my favorite industry. Thanks ...
Munich Re, NICB Debut Tool That Quickly Assesses Post-Disaster Damage
Munich Re has teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics tool that can quickly assess property damage after natural catastrophes and speed ...
U.S. P/C Net Income Soared by Nearly 70 Percent in 2018, as Cat Losses Dropped
The U.S. property/casualty industry saw its net income grow in 2018 by nearly 70 percent from the previous year, thanks to lower catastrophe losses, favorable development of prior years' loss ...