News
U.K. Fraud Office May Work with Spy Agencies to Fight Corporate Crime
The U.K. Serious Fraud Office will work more closely with spy agencies in an effort to crack down on corporate wrongdoing. "We are enhancing our intelligence capabilities in the fight against ...
Only Small Portion of Philippines Typhoon Cost Likely Insured: AIR Worldwide
The economic cost of Super Typhoon Haiyan is expected to be the highest from a natural disaster in the Philippines' history, although only a small portion of it is expected to be insured, AIR ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
Cloud, Device Security Lacking: Georgia Tech Analysis
As more businesses find their way into the cloud, few engage in security measures beyond those provided by the associated cloud storage firm, a new report from Georgia Tech notes. Even fewer seek ...
Liberty Suing Texas Brine over Louisiana Sinkhole
One of the insurers for Texas Brine Co. has filed a lawsuit accusing Texas Brine of ignoring warnings about the potential for disaster if it continued mining an Assumption Parish, La., salt dome ...
RSA Starts Irish Probe, Says Issues Probably Isolated to Unit
RSA Insurance Group Plc, which suspended three of the top executives at its Irish unit late last week, said it commissioned an independent investigation into issues the company expects will be ...
Thousands Feared Dead from Typhoon Haiyan; Tsunami-like Surge Levels Houses
One of the most powerful storms ever recorded may have killed at least 10,000 people in the central Philippines, a senior police official said on Sunday, with huge waves sweeping away coastal ...
Aspen Appoints Ann Haugh as Global CUO and COO
Aspen Insurance on Friday announced the appointment of Ann Haugh to the new position of global chief underwriting officer and chief operating officer, beginning Nov. 11. Haugh, who most recently was ...
Allianz Raises 2013 Earnings Goal as Quarterly Profit Climbs
Allianz SE, Europe's biggest insurer, increased its target for full-year operating profit after third-quarter earnings rose 6.3 percent, beating analysts' estimates. Net income advanced to 1.45 ...