News
Turn Commercial Drones Into Targeted Weapons? AI Could Help Hackers Do That
Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial ...
Bank of England Will Stay Vigilant in Enforcing EU Insurance Rules
The Bank of England will not "go soft" on enforcing European Union capital rules for insurers, although it will look at ways to make it easier for new entrants to boost competition in the industry, ...
The Latest Launches From Willis Towers Watson and Travelers
Willis Towers Watson, working with a division of W.R. Berkley Corp., unveiled customized cyber insurance coverage for the general aviation business. The Travelers Companies Inc. rolled out a beefed ...
Ohio Alleges Pharma Distributors Helped Propel Opioid Epidemic
Ohio on Monday accused four major pharmaceutical distributors of ignoring their responsibilities to ensure that opioids were not being diverted for improper uses, contributing to a drug abuse ...
2018 Insurance M&A Drivers: Tax Reform, InsurTech and Run-Offs
Tax reform, InsurTech and run-off transactions will be among the big drivers of insurance industry mergers and acquisitions in 2018, according to a new Deloitte report. Deloitte said that the Trump ...
Zurich Will Pay $409M for QBE’s Latin American Operations
Zurich Insurance Group will pay $409 million for the Latin American operations of Australian insurer QBE, a deal that will help it become the top insurer in Argentina and build market share in other ...
UK CEOs, Investors View Cyber Attacks as Greatest Threats to Bottom Line
Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material risks including populism, trade protectionism and ...
China’s Anbang Insurance Backs Govt. Takeover, Pledges Commitment to Overseas Subsidiaries
Anbang Insurance Group Co Ltd said on Monday it fully supported the Chinese insurance regulator's decision to temporarily take control of the company, and remains committed to the development of its ...