Thefts, Scams of Cryptocurrencies Surge 400% to $1.7 Billion in 2018 January 30, 2019 By Gertrude Chavez-Dreyfuss Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according...
French Insurer Covea Abandons Hostile Takeover of SCOR January 30, 2019 By Fabio Benedetti-Valentini SCOR SE slumped the most in more than a decade in Paris trading [on Tuesday, Jan. 28] after rival Covea...
Qatar Re CEO Saacke to Step Down with Interim Leader Named January 29, 2019 Qatar Re said that CEO and Executive Director Gunther Saacke would be stepping down from both roles in March, at...
UK Financial Services Minister Confident Brexit Deal Will Be Agreed January 29, 2019 By Huw Jones Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures...
Singapore Data Leak of Records of 14,200 HIV Patients Blamed on U.S. Citizen January 29, 2019 By Saket Sundria Records of as many as 14,200 people with HIV and their 2,400 contacts have been “illegally disclosed online”, Singapore’s health...
Chubb Forms 15-Year Distribution Agreement with Chile’s Largest Bank January 29, 2019 Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with...
Allianz Has Reinsurance Exposure to Vale Dam Disaster: Sources January 29, 2019 By Alexander Hübner German insurer Allianz may have to cover some of the costs of the dam collapse at Vale’s Corrego do Feijao...
Brazil Weighs Management Overhaul at Vale After Mine Disaster; Death Toll Rises January 29, 2019 By Gram Slattery Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the...
Global Malware Attack Could Cost Insurers $27 Billion January 29, 2019 By Noor Zainab Hussain A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion,...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources January 29, 2019 By Joyce Koh, Elffie Chew and Manuel Baigorri Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese...