International
Marriott Data Breach Could Cost at Least $200 Million: AIR Worldwide
Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott ...
At $79B, 2018 Global Insured Losses Hover Near Record Territory: Swiss Re
Total economic losses from natural and man-made disasters in 2018 are down from the previous year, but insured losses are hovering near record territory. Swiss Re's latest sigma report calculated an ...
EU Agrees to Sizable Carbon Emissions Reduction Goal for Cars
The European Union agreed on Monday to a goal of cutting carbon emissions from cars by 37.5 percent in a decade, finally settling differences between vehicle-producing countries and ...
U.S. Drivers Sue Hyundai, Kia, Alleging Engine Defect Caused Fires
Hyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure on the South Korean automakers being probed by ...
The Latest Launches From Zurich Insurance and JLT Re North America
Zurich Insurance is launching a new app designed to help give distributors its general risk appetite across multiple industries. JLT Re North America is partnering with personal auto InsurTech Pact ...
Swiss Re Appoints Leader for ReAssure as it Mulls Possible IPO
Swiss Re named a chief executive officer for its British closed book business ReAssure on Monday as the Swiss reinsurance company prepares the business for a possible initial public offering (IPO). ...
Proposed Second Brexit Referendum Would Be a Breach of Trust: UK PM May
U.K. Prime Minister Theresa May will attack supporters of a second Brexit referendum on Monday as she explains to Parliament why European Union leaders rebuffed her attempt to make her divorce deal ...
Executives On The Move at Munich Re, Ascot and Zurich Insurance
Munich Re, U.S. hired a former Everest Re executive to lead a newly created commercial unit in North America. Ascot brought on two ex-Navigators executives to join its U.S. marine team. Zurich ...