News
Trade Secrets Stolen in Massive Cyber Attack Against Steelmaker ThussenKrupp
Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ...
Berkley Sees Both Brexit and Trump as Having Minimal Impact
There could be more political surprises coming after the U.S. election of Donald Trump and Britain's vote to exit from the European Union but one leading insurance executive isn't too worried. "I ...
German Vice Chancellor Balks at Brexit Pace
German Vice Chancellor Sigmar Gabriel said Brexit is taking "far too long" and maintaining the U.K.'s ties to the European Union won't be easy. Gabriel signaled concern that extended uncertainty ...
Cyence’s CEO Sees an Urgent Need to Model Cyber Risk
Property/casualty insurers continue to explore ways to better insure cyber risk. Cyence digs deeper, modeling the financial impact cyber events can cause. Launched a little over two years ago in ...
Credit Guarantee & Investment Facility Executes Inaugural Treaty Led by Munich Re
The Credit Guarantee and Investment Facility (CGIF)* announced it has executed its inaugural reinsurance treaty, with a panel of market leading private reinsurers, led by the specialist credit ...
Zurich Gets Green Light to Renovate and Expand Its Swiss HQ
Zurich Insurance Group said it has gained approval to begin a massive renovation project for its Swiss headquarters, even as the insurer continues a broader, wide-ranging effort to cut costs. ...
Industry Associations Applaud Draft NFIP Reform Principles
Insurance industry associations are applauding the draft Principles for Flood Insurance Reauthorization and Reform issued by the House Financial Services Housing and Insurance Subcommittee. These ...
J&J Will Appeal $1B Verdict in Recent Artificial Hip Implant Trial
Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip ...