Major Cyber Attack Could Cost Global Economy $53 Billion: Lloyd’s July 17, 2017 By Suzanne Barlyn A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with...
Insurers Beat Other Industries on Shareholder Value – But Can It Last? July 17, 2017 The insurance sector is beating other industries on delivering shareholder value but insurers may find this more difficult to do...
Panel-Maker Arconic Sued in U.S. Over Losses Linked to London Tower Fire July 14, 2017 By Jonathan Stempel A shareholder of Arconic Inc. on Thursday filed a lawsuit accusing the company of defrauding shareholders over its supply of...
AXIS Capital to Launch Lloyd’s Managing Agency July 14, 2017 Bermuda-based AXIS Capital Holdings Ltd. announced it will launch a Lloyd’s managing agent after receiving authorization from Lloyd’s, the UK...
Tokio Millennium Re Names Ex-Lloyd’s Exec, Secrett, as Chief Underwriting Officer July 14, 2017 Zurich-based Tokio Millennium Re AG (TMR) has appointed Brian Secrett as chief underwriting officer (CUO) and member of the executive...
French Telecom Groups Eye Moves into Online Banking – and Eventually Insurance July 14, 2017 French billionaire Patrick Drahi plans to launch an online bank by spring 2019 across the euro zone countries where his...
PartnerRe Taps Google’s Burkel as Chief Corporate & People Operations Officer July 14, 2017 PartnerRe Ltd. announced that Dorothée Burkel has been appointed to the new position of chief corporate and people operations officer,...
China Regulators End Insurer Deal Spree, Favoring Risk Managers, over Risk Makers July 14, 2017 The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended...
Hyperledger Project Releases Blockchain Code for Large Firms Building Software July 13, 2017 By Anna Irrera The Hyperledger Project, a group led by the Linux Foundation, has released its first blockchain code that can be used...
FERMA European Risk Management Certification Available Online July 13, 2017 The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first...