‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
Global Broking Network Brokerslink Appoints Gavriel as European Regional Manager February 21, 2019 Global broking network Brokerslink has appointed Christos Gavriel to the role of regional manager for Europe. Gavriel has a strong...
Estonia Probes Allegations Swedbank Linked to Danske Money Laundering Scandal February 21, 2019 By Johan Ahlander and Simon Johnson Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia’s state prosecutor said on...
Swiss Re 2018 Net Profit Rises 27% Despite Spate of Natural, Man-Made Disasters February 21, 2019 Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes...
AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters February 21, 2019 By Inti Landauro and Matthieu Protard Net profits at AXA, Europe’s second biggest insurer, fell sharply as a result of charges related to its U.S. unit’s...
UK to Extend No-Fly Zone for Drones Flying Near Airports February 20, 2019 By Christopher Jasper Britain will impose a 5 kilometer (3.1 mile) drone exclusion zone around its runways as the government responds to illegal...
Crypto Startup BitGo Offers Insurance Against Quadriga Cold-Wallet Debacle February 20, 2019 By Olga Kharif While users of the troubled Quadriga CX cryptocurrency exchange remain unable to retrieve millions in funds, a startup backed by...
Hong Kong Insurer FWD Hires Ex-Deutsche Bank Dealmaker as M&A Adviser February 20, 2019 By Cathy Chan and Manuel Baigorri FWD Group, the insurer backed by Hong Kong billionaire Richard Li, has hired former Deutsche Bank AG dealmaker Tan Boon-Kee...
Aviva Gets Court Approval to Move Assets to Ireland as Part of Wider Brexit Wave February 20, 2019 By Huw Jones, Simon Jessop and Carolyn Cohn England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion)...
SCOR Names Conoscente CEO of SCOR Global P&C, Succeeding Peignet February 20, 2019 SCOR announced the appointment of Jean-Paul Conoscente, currently chief executive officer of reinsurance at SCOR Global P&C, as CEO of...