Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack January 17, 2020 By Noor Zainab Hussain More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign...
Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack January 8, 2020 By Noor Zainab Hussain and Kirstin Ridley Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said...
Reinsurers Pressure Life Insurers Over Vaping Health Risks December 3, 2019 By Carolyn Cohn, Suzanne Barlyn and Noor Zainab Hussain Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on...
Insurance Cost Strategy Key to Lyft’s Path to Profitability October 31, 2019 By Tina Bellon and Noor Zainab Hussain Ride-hailing company Lyft Inc. on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Insurance Adjuster Reports 90% of Notre Dame Cathedral Treasure Saved from Fire April 17, 2019 By Noor Zainab Hussain Some 90 percent of the priceless relics and art works housed within the Notre-Dame de Paris cathedral were saved from...
Government and Benefactors, Not Insurers, to Bear Cost of Notre Dame Rebuilding April 16, 2019 By Noor Zainab Hussain and Paul Arnold Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire...
Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources March 12, 2019 By Noor Zainab Hussain, Carolyn Cohn and Suzanne Barlyn Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six...
Insurer Lancashire to Use Lloyd’s EU Hub in Brussels After Brexit February 15, 2019 By Noor Zainab Hussain Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd’s of London’s European Union hub in Brussels after...