Malware Found in Several Ukraine Gov’t Agencies, IT Firm That Manages Websites January 18, 2022 Microsoft Corp. said in a blog post on Saturday it observed destructive malware in systems belonging to several Ukrainian government...
New Public-Private Consortium Aims to Develop Protection Against Systemic Risks January 18, 2022 The Cambridge Centre for Risk Studies (CCRS) at the University of Cambridge Judge Business School is launching a new research...
Lloyd’s Forms New Operational Structure to Deliver Blueprint 2 Modernization Program January 18, 2022 Lloyd’s announced a new operational structure for the delivery of its transformational Blueprint Two program, following the departure of Lloyd’s...
Credit Suisse Plunged Into Chaos After Chairman Ousted for Breaching COVID Rules January 17, 2022 By Ambereen Choudhury and Patrick Winters The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID...
Generali’s Boardroom Battle Escalates With Resignation of No. 2 Investor January 14, 2022 By Stefano Bernabei, Gianluca Semeraro and Claudia Cristoferi A boardroom battle at Generali has escalated after the No.2 investor in Italy’s biggest insurer resigned from the board in...
People Moves: Everest Re Promotes Klinger to Lead Int’l Reinsurance; HDI Global Hires Chubb’s Carberry as Head of U/W, Ireland; HSBC’s Rutherford to Aon’s UK FI Team January 14, 2022 This edition of International People Moves details appointments at Everest Re, HDI Global and Aon. A summary of these new...
Teenaged Cyber Prodigy Stumbles Onto Software Flaw Letting Him Hijack Teslas January 14, 2022 By Jordan Robertson and Monica Raymunt David Colombo, a 19-year-old cybersecurity researcher in Germany, came upon the biggest discovery of his young career by accident. He...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
LIC Could Begin Issuing Public Shares for India’s Biggest IPO by Mid-March: Sources January 14, 2022 By Aftab Ahmed and Nupur Anand Life Insurance Corp. (LIC), India’s largest insurer, could publish key details of its mammoth initial public offering (IPO) this month...
Canada’s Insured Catastrophe Losses Exceed C$2 Billion in 2021: CatIQ January 14, 2022 Canada’s total insured catastrophe losses were C$2.04 billion (US$1.63 billion) to date, landing the year in the top five loss...