Specialty
Explaining Just How Fastly Problems Happen
An outage at a little-known firm that speeds up access to websites knocked a lot of top Internet destinations offline on Tuesday, June 8 disrupting business and leisure for untold millions globally. ...
U.S. Pet Insurer Trupanion Plans Overseas Expansion
Trupanion, the Seattle-based medical insurer for cats and dogs, is pursuing an international expansion and has hired an executive to help guide the effort. Simon Wheeler will be its executive vice ...
Reinsurers Seek Ways to Exclude Coal From Treaty Reinsurance
Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part - finding ways to ...
Executives On The Move at Hamilton Insurance and Hippo
Hamilton Insurance brought in a rising executive to be Head of Mergers and Acquisitions Insurance, a newly-created position. Hippo Enterprises named a new board member – a veteran insurance ...
U.S. DOJ Files Antitrust Suit to Block Aon/Willis Towers Watson Merger
Aon's proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice suing to block the deal. The DOJ's civil antitrust lawsuit argues that ...
Shockingly High Hacking Risks for U.S. Water, Power Cyber Networks
When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early this year, an intruder lurked in hundreds of computers related to water systems across the U.S. ...
Britain Urges EU to Avoid Protectionism, Launch Financial Services Talks
Britain's finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism. Britain left the EU in ...
COVID Crisis Hurts Global Macro Resilience, Widens Insurance Protection Gap: Swiss Re
The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18% in 2020 from 2019, according to a sigma report published by Swiss Re Institute. ...