International
The Latest Launches From The Hartford, SOMPO Holdings and AXA
The Hartford debuted a new risk management information system to help large commercial customers at highest risk for loss. Two divisions of Sompo Holdings are launching a natural catastrophe risk ...
Group That Leaked ‘WannaCry’ Ransomware Attack Tools Threatens Release of More Malicious Code
Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it ...
Soft Global Reinsurance Pricing in Play Through Year’s End: Fitch
The soft pricing in the global reinsurance market will continue at least for the rest of the year, Fitch Ratings says. Fitch expects premium rates to continue declining as a result of large amounts ...
AIG Shareholders Have Yet to See Post-Bailout Financial Gains
Since its 2008 bailout, American International Group Inc. has delivered paydays for investment bankers, Warren Buffett and even departing executives. Shareholders? Not so much. AIG shares have lost ...
Executives On The Move at Beazley, BHSI, JLT and More
Specialist insurer Beazley hired two new executives for its U.S. environmental team. Berkshire Hathaway Specialty Insurance named a veteran executive to a position that covers the UK and Southern ...
As Global Ransomware Attack Slows, the Search Is on for Hackers, Motive
The global WannaCry ransomware cyber attack slowed on Monday, with no major infections reported, as global law enforcement agencies shifted their attention to finding the hackers who unleashed it. ...
Hamilton USA Worth About $110M to AIG; Macia Will Remain as CEO After Sale
American International Group's plan to acquire Hamilton USA is worth about $110 million, and its existing leader will remain in place once the deal goes through. The purchase price amounts to ...
No Monday Morning Reprieve for Cyber Attack Victims
An unrivaled global cyber-attack is poised to continue claiming victims Monday as people return to work and turn on their desktop computers, even as hospitals and other facilities gained the upper ...