International
Tractable Attracts $60M to Fuel Further Expansion of AI-Focused Disaster Recovery Tech
The InsurTech Tractable has pulled in $60 million in fresh venture capital. Executives expect to use the money to further the company's artificial intelligence technology for accident and disaster ...
Google to Confront Revived Shareholder Lawsuit Alleging It Hid Security Risks
A U.S. appeals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet Inc accused the company of fraudulently concealing security vulnerabilities, including in its ...
Reinsurers Seek Ways to Exclude Coal From Treaty Reinsurance
Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part - finding ways to ...
Cambridge Mobile Telematics Acquires Rival TrueMotion in Major Expansion Push
Cambridge Mobile Telematics has acquired rival TrueMotion for an undisclosed price in a deal that give it an expanded presence and capabilities in the global auto insurance market. The cash and stock ...
Irish Group Files Lawsuit Alleging Online Ads Violate EU Privacy Rules
The Irish Council for Civil Liberties (ICCL) on Wednesday will file a lawsuit in a German court against IAB Tech Lab for allegedly breaching EU privacy rules. At issue is real-time bidding systems, ...
COVID Crisis Hurts Global Macro Resilience, Widens Insurance Protection Gap: Swiss Re
The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18% in 2020 from 2019, according to a sigma report published by Swiss Re Institute. ...
Executives On The Move at Lockton Re and Guy Carpenter
Lockton Re hired an executive who will focus on Global Retrocession & Property Specialty, Bermuda and Market Capital. Guy Carpenter & Company appointed a new Head of UK & Ireland Motor ...
Reinsurance Broker Acrisure Re Partners With Kovrr on New London-Based Cyber Division
Reinsurance broker Acrisure Re has launched a London-based cyber division in partnership with cyber risk modeler Kovrr. Headed by Cyber Practice Leader Tom Quy, the new division will offer the market ...