News
Scope of Federal Hack Attack Widens as White House Weighs Responses
More federal personnel records have been hacked than previously reported and U.S. officials are weighing responses ranging from new counterintelligence initiatives to destroying the data in the ...
Marsh Sees Directors and Officers Risking Cyber Attack Liability
Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an ...
Every insurance claim tells a story, but rarely in a single document. Instead, that narrative unfolds across adjuster notes, medical...
Standard & Poor’s: U.S. Insurers Responding Cautiously to Soaring Cyber Coverage Demand
Standard & Poor's predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the ...
Willis Expands in Asia With Taiwan Acquisition
Willis Group Holdings Plc will snatch up a broker in Taiwan, nearly doubling the size of its existing business in the country. Acquiring Elite Risk Services Limited of Taiwan will also give Willis ...
Third Point Re CEO Berger Warns New Reinsurers Will Be ‘Increasingly Difficult’ to Form
Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, said the company is positioned to withstand competition from other investment firms because the industry isn't as easy to ...
Zurich Names Its Head of Alternative Investments as CIO
Zurich Insurance Group AG, Switzerland's biggest insurer, appointed Urban Angehrn chief investment officer in a management reshuffle. Angehrn, head of alternative investments, replaces Cecilia Reyes, ...
AIG Narrows Focus With Deal to Sell Taiwan Consumer Insurer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, agreed to sell a consumer operation in Taiwan as Chief Executive Officer Peter Hancock narrows the company's ...
Swiss Re Begins Singapore-Based Big Data Risk Reduction Initiative
Swiss Re will collaborate with four schools within the National University of Singapore on risk-reduction projects involving big data, business analytics and information technologies. Plans call for ...