International
Ransomware Attacks Soaring as They Target IT Vendors and Their Clients
Ransomware attacks increased by 37 percent during the third quarter of 2019 compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. ...
Aon Moves Incorporation From Britain to Ireland Due to Brexit
Insurance broker Aon plans to move its parent company's jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its ...
Everest Re’s Q3 Net Income Slammed by Hurricane Dorian, Typhoon Faxai
Hurricane Dorian and Typhoon Faxai chipped away at Everest Re Group's 2019 third-quarter net income, knocking it nearly in half from the previous year. The Bermuda-based insurer and reinsurer booked ...
This Time, Brexit Gets a ‘Flexible’ Delay
The European Union on Monday agreed a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an ...
The Latest Cyber Launches From Sompo International, Verisk and Guidewire
Sompo International Holdings has partnered with two companies to beef up its cyber risk management services for email security protection. Verisk rolled out an analytics product that aggregates cyber ...
AXA Agrees to Sell Belgian Banking Biz to Crelan for Nearly $690M
AXA said it has agreed to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan's loan insurance business. The deal, in all, is worth nearly $690 million. In ...
Hackers Cripple Johannesburg and Demand Bitcoin Ransom
The City of Johannesburg shut down its website and billing systems after a group hacked into the authority's system and demanded a ransom of four Bitcoins worth about $30,000. The call center, ...
UK’s Johnson Seeks End to Neverending Brexit With Dec. 12 General Election
U.K. Prime Minister Boris Johnson will seek a general election on Dec. 12, setting up a national vote on his Brexit strategy. Johnson briefed his cabinet on Thursday afternoon and announced that a ...