Natural Disasters Drive £1 Billion (US$1.3 Billion) Loss at Lloyd’s During 2018 March 27, 2019 By L.S. Howard Lloyd’s of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major...
Lloyd’s Will Name and Shame Sexual Harassers It Bans from Market: CEO March 27, 2019 By Gavin Finch and Nejra Cehic Lloyd’s of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to...
Report Finds Rise in State-Sponsored Cyber Attacks on Financial Firms March 27, 2019 By Angela Moon Cyber attacks on financial institutions are increasingly being linked to nation-states, resulting in destructive and disruptive damages rather than just...
Hong Kong Grants Online Banking Licenses to Insurer ZhongAn, 2 Bank Joint Ventures March 27, 2019 By Alun John and Sumeet Chatterjee Hong Kong has issued online-only banking licenses to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong...
Global Carbon Emissions Hit Record in 2018 on Higher Fossil Fuel Consumption March 27, 2019 By Mathew Carr and Jeremy Hodges Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a...
Hamilton Hires Barrett, Garber to Fill New Leadership Slots; O’Donohoe to Depart March 27, 2019 Hamilton Insurance Group, moving full-speed ahead with its growth strategy, is hiring two executives in newly-created roles, and a third...
Hannover Re Offers Match-Making Service for Insurtechs, Insurers Called ‘hr | equarium’ March 27, 2019 By L.S. Howard Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain....
Lloyd’s Forms Plan for Safe, Inclusive Working Environment After Harassment Reports March 26, 2019 Lloyd’s announced “a robust plan of action to address reports of sexual harassment in the Lloyd’s market and create a...
African Bank Expands into Digital Banking, with Plans to Offer More Insurance Products March 26, 2019 By Roxanne Henderson and Loni Prinsloo African Bank Holdings Ltd. is joining the rush into digital banking to fail-proof the business and provide an exit for...
Norsk Hydro Returns Major Production Division to 60% of Capacity After Cyber Attack March 26, 2019 Norsk Hydro, one of the world’s largest aluminum producers, said on Monday one of its major divisions was back up...