China’s Cyber Security Law Could Hamper Foreign Business: P/C Industry Reps November 9, 2016 By Mark Hollmer China’s new wide-ranging cyber security law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and...
Chubb Launches Liability Coverage Suite to Protect Family Offices in Canada November 9, 2016 Chubb has launched a new suite of insurance coverages to help family offices* manage their liability exposures. Called the “Family...
SCOR Moves a Step Closer to Opening a Branch Office in India November 9, 2016 The Insurance Regulatory and Development Authority of India (IRDAI) has granted SCOR an “R2 authorization,” which allows the group to...
Tesco Reveals $3M Was Stolen from 9,000 Customers in Recent Cyber Bank Theft November 9, 2016 By Lawrence White and Tom Bergin Retailer Tesco Plc’s banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers...
Tesco Bank’s Cyber Attack Investigated by UK’s National Crime Agency November 8, 2016 By Lawrence White Britain’s National Crime Agency (NCA) is leading a criminal inquiry into the theft of money from thousands of Tesco Bank...
AmTrust Buys ANV Holdings for $203M – More Than Doubling Its Lloyd’s Presence November 8, 2016 AmTrust Financial Services Inc. announced it has completed the acquisition of ANV Holdings B.V. and its affiliates from Ontario Teachers’...
Recent Cyber Attacks Reveal Dangers, Vulnerabilities of Internet of Things November 8, 2016 By Jeremy Wagstaff and J.R. Wu Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to...
RFIB Names Leith-Smith, Penfold & Hawkins, Forming SE Asia Marine Cargo Team November 8, 2016 RFIB Group Ltd., the London-based Lloyd’s insurance and reinsurance broker, announced the appointments of Paul Leith-Smith, Giles Penfold and Will...
Aon Launches Cyber Risk Mgmt Solution in Response to EU Data Protection Law November 8, 2016 Aon plc has launched a risk management solution designed to help organizations prepare for a new data protection law due...
Global Indemnity Completes Redomestication to Cayman Islands November 7, 2016 Global Indemnity plc has completed its redomestication from Ireland to the Cayman Islands. As previously announced, the name of the...