Specialty
Log4j Software Flaw Sends Companies Scrambling Against Hackers
A newly discovered vulnerability in a widely used software library is causing mayhem on the Internet, forcing cyber defenders to scramble as hackers rush to exploit the weakness. The vulnerability, ...
What Disclosures of Audit Firings Mean About Restatement Odds: Nothing
Mandatory Securities and Exchange Commission disclosures about the reasons behind auditor firings are useless for assessing whether restatement trouble lies ahead for the company, according to new ...
Generali Links With Accenture, Vodafone to Provide Cyber Insurance Services
Generali has joined forces with Accenture and Vodafone Business to create a package of cyber insurance services for corporate and small and medium-sized enterprise (SME) clients. The services include ...
MAPFRE to Make Nearly $984M Payout Over Controversial Columbia Dam
Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency payout to Colombia's Empresas Publicas de Medellin (EPM) over issues with the construction of the massive ...
Insurance Rates Soar to Cover M&A Boom, Deal or Not
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. ...
Half of $17B Litigation Funding ‘Industry’ Money Spent in the U.S.: Swiss Re
Litigation funding has become a $17 billion industry globally, with 52 percent of that money being spent in the United States, Swiss Re said in a report released Thursday. The reinsurer said ...
MGA Market 2022 Trend Watch: How to Secure London Capacity for U.S. Biz
MGAs thrive on delivering unique solutions for hard-to-place risks, with many companies quick to react to rapidly changing market dynamics. It is testament to the sector's resilience and adaptability ...
Argenta Syndicate Management Will Pull Back From Lloyd’s China Platform
Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal business relating to the Lloyd's China platform (LICCL) ...