Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global virus could change that. “It’s exceptionally likely that we will see an event over the next months that will seriously …
For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free marketing for what could be a $10 billion opportunity. …
Anbang Insurance Group Co., the Chinese insurer buying New York’s Waldorf Astoria hotel, is planning an initial public offering that could raise about $2 billion, people with knowledge of the matter said. The Beijing-based company aims to start the share …
