Global Shipping Still Reeling from Cyber Attack; Insurers Warn of Coverage Gaps June 30, 2017 By Jonathan Saul Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the...
Global Cyber Attack Affects Shipping, FedEx, Emails and More June 29, 2017 By Jordan Robertson, Nico Grant and Molly Schuetz The global cyberattack that has been wending its way across continents since Tuesday started creating real consequences at some businesses...
Intellectual Property Risks May Not Be Covered by Traditional Products: TMK Expert June 29, 2017 Many clients are unaware that intellectual property (IP) risks are frequently inadequately covered by traditional insurance products and, as a...
Partner Re’s CEO of P&C Walker, Chief Risk & Actuarial Officer Pestcoe to Retire June 29, 2017 PartnerRe Ltd. announced that Tad Walker, CEO Property & Casualty, and Marvin Pestcoe, chief risk and actuarial officer, will both...
Guy Carpenter Launches Unit Offering Retrocession Services to Asia-Pacific Clients June 29, 2017 Guy Carpenter & Co. has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region...
EU Aims to Hike Old-Age Protection with Proposal for Pan-Europe Pension Product June 29, 2017 By Francesco Guarascio The European Commission proposed on Thursday establishing a new pan-European pension product to increase private savings for old age and...
G20 Task Force Develops Climate-Related Financial Disclosure Framework Supported by Insurers June 29, 2017 By Nina Chestney A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial...
Allianz Global Corporate & Specialty Opens S. Korea Branch Office; CEO Named June 29, 2017 Allianz Global Corporate & Specialty (AGCS), Allianz Group’s unit for corporate & specialty insurance business, has opened a branch office...
Insured Loss Estimates for Cyclone Debbie Rise to US$1.1B: PERILS June 28, 2017 The estimate for the property insurance market’s loss for tropical cyclone Debbie has risen to A$1.4 billion (US$1.1 billion) from...
MS Amlin to Re-Domicile its Post-Brexit European Headquarters to Belgium June 28, 2017 MS Amlin, the specialist global re/insurer, plans to re-domicile its European business, Amlin Insurance Societas Europaea (AISE), to Belgium in...