Technology/Science
Measuring Risk in the Cyber World
Cyber risk is a hot topic in the insurance industry today. Technological innovation and connectivity have fundamentally revolutionized the world we live in and promise new transformations in the ...
China’s President Pledges Cyber Security Cooperation and Resolution
Chinese President Xi Jinping opened his U.S. visit by seeking to ease concerns on almost every dispute between the two powers, even expressing readiness to cut a deal on one of the thorniest issues, ...
Computer Models Failing to Predict Path of Wildfire Flames
Wildfires that have raged in California this summer haven't just overwhelmed firefighters. They've also stumped computer models designed to predict the intensity of flames and where they'll burn. ...
Cyber Attacks Bring Insurers and Other New Clients to Defense Firms
A broadening wave of cyber attacks is drumming up new clients for defense companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. Banks, utilities and ...
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Towers Watson Embraces the Cloud with $15M Canadian Tech Company Acquisition
Towers Watson will buy up a Canadian tech company for more than $15 million. The deal is designed to boost its insurance technology/cloud computing offerings for property/casualty carriers as well as ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
Hitachi Driverless Robot Eventually Could Replace Warehouse Workers
In a warehouse in Noda city, east of Tokyo, a robot with wheels zips around to pick up boxes of goods and carries them to a shipping container. It's Hitachi Ltd.'s vision for the future. The Japanese ...