News
Fed Sees Lingering Cyber Risks in Wake of Feb. 2016 Bangladesh Hack Attack
The Federal Reserve, which was at the center of an unsolved $81-million cyber heist nearly two years ago, is ready for further talks with foreign counterparts to address the lingering risks of cyber ...
Catastrophe Bond Managers Plan New Launches as They Put Hurricanes Behind Them
Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year's hurricanes and wildfires. But a year that is shaping up to be the ...
Executives On The Move at CNA, Chubb, Starr Companies and AXIS
CNA hired a new vice president, Underwriting for Large/Complex Property. Chubb beefed up its Real Estate and Hospitality practice with several new promotions. Starr Companies appointed an influential ...
Gig-Economy Legal Risks May Rise After Uber Loses UK Court Fight
Uber Technologies Inc. will be regulated in European Union countries as a transport company after the bloc's top court rejected its claim to be a digital service provider, a decision that could ...
Hamilton Finds Buyer for Sportscover Legacy Book
Hamilton Insurance Group has found a buyer for the legacy book the insurer inherited from its purchase of Sportscover Underwriting Ltd. in April 2015. Syndicate 3330 will buy the business from ...
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...
Executives On The Move at Chubb, Starr Companies and Grinnell Mutual
Chubb appointed a new executive to lead its U.S. Major Accounts/Property arm. Starr Companies named its latest president and chief executive officer for Starr Insurance Holdings. Grinnell Mutual has ...
EU Wants Post-Brexit Trade Deal in Place by January 2021
The European Union expects the U.K.'s post- Brexit transition period to last until the end of 2020 and is aiming for a trade deal to kick in immediately after that, according to a European Commission ...