International
The Next Tobacco? Climate Litigation Threat Growing: Opinion
Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU's second highest court. All claim to have suffered loss from climate change. ...
Tokio Marine Agrees to Pay $390M For IAG Ops in Southeast Asia
Tokio Marine Holdings, Inc. announced yesterday that it has entered into a definitive agreement to acquire Thailand and Indonesia insurance businesses of Insurance Australia Group Limited ("IAG") for ...
U.K. Regulator Fines Big Four, Puts KPMG Under Increased Scrutiny
The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the failure of the accounting industry to prevent several high-profile ...
Could Bitcoin Break the Internet?
The Bank for International Settlements (BIS) just told the cryptocurrency world it's not ready for prime time—and as far as mainstream financial services go, may never be. In a withering 24-page ...
Lessons From the 2017 Atlantic Hurricane Season: Open Models, Real-Time Tracking Are Valuable Tools
Open models and tools to track hurricanes in real time can help boost modeling accuracy and aid the claims process after storms, according to a new Karen Clark & Co. analysis of the 2017 Atlantic ...
South Africa’s Liberty Holdings Says No Evidence of Insurance Customers Losses After Cyber Attack
South African insurer Liberty Holdings said on Sunday it had become the victim of a cyber attack after an external party claimed to have seized data from the firm and demanded payment. Liberty, in ...
The Latest Launches From Beazley, XL Catlin and Sompo International
Beazley beefed up its coverage options for businesses seeking to address their evolving cyber exposures. A new partnership allows XL Catlin's North America Construction insurance business to give ...
The Latest Launches From Corvus Insurance and XL Catlin
Corvus Insurance debuted a new "smart" policy designed to provide broad cyber coverage as well as predict and prevent cyber insurance risks through ongoing IT security scanning and scoring. XL Catlin ...