Reinsurance
Experts Warn Companies Struck by REvil Ransomware Attack Could Take Weeks to Recover
Computer systems of several companies across the world, including 800 physical grocery stores of Sweden's Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, ...
Coronavirus Positive: Pandemic Led to Greater Societal Understanding of Systemic Risks
As horrible as the coronavirus pandemic has been, it has led to greater societal understanding of systemic risks, and that's a good thing, a Lloyd's of London executive asserted recently. "The ...
Judge Questions Whether $48M in Coverage for Collapsed Condo Tower Will Be Enough
Five lawsuits have been filed against the Champlain Towers South Condominium Association in Surfside, Florida as of Thursday afternoon as plaintiffs move to preserve evidence at the site of the ...
High-Fives, Hugs and Face-to-Face Networking at GIS 2021
It's not a typical experience to find joy at a work conference. At least, that was the case before COVID-19. But after 15 months of social distancing, masks, quarantines and then vaccines, the 2021 ...
Drones Pulled Into Play to Help Fight Wildfires in U.S. West
In a grassy meadow outside Missoula, Montana, Jennifer Fowler eyes two drones high in the sky with weather instruments -- part of a program to see how drones can help to fight and monitor wildfires. ...
Cyber Risk Ranks High Among Businesses, but Many Still Feel Resilient: Beazley
After a legion of well publicized cyber attacks, it's no surprise that a large minority of businesses now see technology as a top risk for their company. At the same time, they also see themselves as ...
Global Cyber Reinsurance Rates Skyrocketed 40 Percent for July Renewals: Willis Re
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware ...
Today’s ILS Investor: A Catalyst for Change
The $90 billion insurance-linked securities (ILS) sector is undergoing a sea change, led by investors with significant experience in the industry and a heightened awareness of the need to marry their ...