Cyber Criminals Increasingly Will Target Top Executives in Ransomware Attacks: Report April 14, 2020 Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to...
Australia’s Westpac Expects $578M Fine for Money Laundering Linked to Child Abuse April 14, 2020 By Byron Kaye Australia’s Westpac Banking Corp said it expects a A$900 million ($578 million) fine over accusations it enabled millions of illegal...
BHSI Expands Cover for UK Financial Institutions with D&O and Civil Liability Policies April 14, 2020 Berkshire Hathaway Specialty Insurance (BHSI) has introduced two new policies tailored specifically for UK financial institutions: Professional First Financial Institutions...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
India’s Future Group to Sell Stake in Insurance Joint Venture with Generali April 13, 2020 By Baiju Kalesh India’s Future Group has picked UBS Group AG to lead the sale of its stake in an insurance joint venture...
Wimbledon Shows How Pandemic Insurance Could Become Vital for Sports, Other Events April 13, 2020 By L.S. Howard The Wimbledon tennis tournament had the foresight to buy around £1.5 million (US$1.9 million) per year in pandemic insurance following...
CEO of Tokyo Games Can’t Guarantee Postponed Olympics Will Be Held Even in 2021 April 13, 2020 By Stephen Wade As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday [April 10] he can’t guarantee...
BHSI Launches Management Liability & Association Liability Cover in New Zealand April 13, 2020 Berkshire Hathaway Specialty Insurance Co. (BHSI) has expanded its executive & professional lines offerings in New Zealand with the introduction...
Italy’s Generali to Pay 2019 Dividend, Resisting EU Regulatory Guidance April 13, 2020 By Gianluca Semeraro Italy’s biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout...
Swiss Re Appoints Haycock as Its First Chief Data Officer April 9, 2020 Swiss Re announced that Ian Haycock has been appointed to the newly created role of chief data officer as of...