How Firms Rate on Cyber Readiness and Why Some Don’t Buy Cyber Insurance: Hiscox Report February 7, 2017 A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses...
Fairfax Expected to Raise About $500M for New Africa Fund: Sources February 7, 2017 By Scott Deveau Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting...
58% of UK Business Leaders Say Brexit Vote Has Taken a Toll: Survey February 7, 2017 More than half of British business leaders believe the vote to leave the European Union has had a negative impact...
Chubb Promotes Parry to Claims Director, Europe, Eurasia & Africa February 7, 2017 Chubb announced the promotion of Steve Parry, currently claims director for UK and Ireland, Operations and Integration, to the role...
Brazil Healthcare Insurer Intermédica Prepares for IPO: Sources February 7, 2017 By Tatiana Bautzer Brazilian healthcare services provider NotreDame Intermédica Sistema de Saude SA has hired banks to manage its initial public offering, which...
Beazley Buys Canadian Specialty MGA, Creechurch Underwriters February 6, 2017 Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters. The financial...
Blockchain Insurance Industry Initiative B3i Grows to 15 Members February 6, 2017 By L.S. Howard The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger...
Marsh Launches Cyber Risk & Data Breach Cover for Non-US Clients February 6, 2017 Marsh has launched Marsh CyberShield, an exclusive cyber risk and data breach insurance policy for mid- to large-sized organizations. Available...
VW Sued by 1st Major German Firm over Diesel Scandal February 6, 2017 Fish distributor Deutsche See is suing Volkswagen for misrepresenting a fleet of vehicles it leased as environmentally friendly, becoming the...
UK Firms Lack Board-Level Digital Skills to Deal with Cyber Attacks: Deloitte February 6, 2017 By Eric Pfanner Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security,...