International
Threat of Crippling Cyber Attacks Puts UK Banks on War Footing
The Bank of England told banks to be ready for war against the mounting threat of crippling cyber attacks. "I would like our firms to be on a WAR footing: withstand; absorb; recover," Lyndon Nelson, ...
Executives On the Move at AmTrust, Chubb and Everest Re
AmTrust Financial Services has a new Group chief Underwriting Officer. Chubb appointed an executive to lead the financial lines arm of its Overseas General Insurance division. A former Chubb ...
Lloyd’s Begins Search for Transformative InsurTech Talent
Lloyd's of London has begun a search for InsurTech talent that can help grow and advance its digital capabilities. The venerable specialist insurance/reinsurance market said the process will take ...
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
Chubb Promotes Furby, O’Donnell to Lead European Operations
Chubb is putting in place new leadership for its European operations after the retirement of a key executive. David Furby will be senior vice president, Chubb Group and regional president, European ...
Arch Capital Turns to Dublin for Post-Brexit EU HQ
Arch Capital Group Ltd. has picked Dublin for its post-Brexit European Union headquarters. The Bermuda-based specialty insurer and reinsurer said the new offices will help ensure continuity with its ...
Mexico Is Watching Out for Hurricane Bud
Parts of Mexico's Pacific coast, including the port city of Manzanillo, have been placed under a tropical storm watch with the eastern edge of Hurricane Bud potentially scraping the shoreline as it ...
A $42B Cryptocurrency Plunge Follows South Korean Hack Attack
The 2018 selloff in cryptocurrencies deepened, wiping out $42 billion of market value over the weekend and extending this year's slump in Bitcoin to more than 50 percent. Some observers pinned the ...