Nation-State Believed Responsible for ‘Watershed’ Cyber Attack on Industrial Plant December 15, 2017 By Jim Finkle Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack...
La Nina Expected to Linger All Winter December 15, 2017 By Brian K. Sullivan Looks like a potentially market-roiling La Nina will last through the new year, threatening to bring a colder, snowier winter...
Pioneer Underwriters Gets Lloyd’s Approval to Launch Syndicate 1980 on Jan. 1 December 14, 2017 Pioneer Underwriters announced it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after...
Munich Re to Increase Shareholding in Global Aerospace to 51% December 14, 2017 Global Aerospace, the London-based provider of aerospace insurance, announced that Munich Re has agreed to purchase an additional 11 percent...
Gibraltar Introduces License for Fintech Firms Using Blockchain December 14, 2017 By Huw Jones Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT)...
Chubb Names French & Hill to Asia-Pacific Leadership Positions December 14, 2017 Chubb announced two leadership appointments in the company’s Asia Pacific business. John French, currently country president for Australia and New...
Scientists Blame Extreme Weather, Heat on Man-Made Climate Change December 14, 2017 By Jim Efstathiou Jr. Some of last year’s crazy weather — including extreme heat around the world to unusually warm waters in the Bering...
London Police Eye Criminal Charges Related to Grenfell Tower Disaster December 14, 2017 London police are considering a variety of criminal charges related to the June fire at Grenfell Tower that killed 71...
UK Supermarkets Analyze Customers’ Shopping Habits to Price Insurance Products December 13, 2017 By Lawrence White Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have. The two biggest, Tesco and Sainsbury’s,...
UK’s Bretton Woods International Gets UK Regulatory Nod, Becomes Lloyd’s Broker December 13, 2017 Bretton Woods International (BWI), the specialist insurance broker and managing general agent, has received a license to operate in the...