Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik February 11, 2022 Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a...
AXA Completes Sale of Singapore Business to HSBC February 11, 2022 AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific)...
Cyber Criminals Nabbed $1.3B in Ransom Payments Over 2 Years: Report February 11, 2022 By Ilena Peng Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in...
People Moves: Liberty Specialty Mkts Names Beattie Head of War & Terrorism; New Dawn Risk Hires Aon’s Khan for Professional Risks, Lothbury’s Vernon for Healthcare/Life Sciences February 10, 2022 This edition of International People Moves details appointments at Liberty Specialty Markets and broker New Dawn Risk. A summary of...
Brazilian Miners Likely to Miss Legal Deadline for Removal of Tailings Dams February 10, 2022 By Marta Nogueira Vale and other Brazilian mining companies are set to miss a legal deadline in the state of Minas Gerais for...
UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market February 10, 2022 By Ryan Hesketh UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber...
10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk February 10, 2022 In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of...
Corporate Climate Targets to Have Limited Impact on Greenhouse Gas Emissions: Report February 10, 2022 Some of the world’s biggest companies have made climate targets that will have only a limited impact on their actual...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7 Billion February 10, 2022 By Carolyn Cohn and Paul Arnold Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday,...
Team of Nuclear Experts to Visit Wrecked Fukushima Plant to Check Water Release Plan February 9, 2022 By Mari Yamaguchi A team of experts from the International Atomic Energy Agency will visit Japan’s wrecked Fukushima nuclear power plant next week...