Global Insurance Fintech Investment Grew by 237% in 2015: Accenture Research April 27, 2016 While insurance historically has been a laggard in the fintech race, it is increasingly a high-growth investment area in the...
Aon Launches Next Generation of ReMetrica for Risk & Capital Modeling April 27, 2016 Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, has launched ReMetrica Version 7.0 – its next...
Global Risk Partners Backs LONMAR’s MBO, Supporting Its Growth Strategy April 27, 2016 Global Risk Partners, the acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management...
Mitsubishi Motors Faces Uncertain Future as Fuel Test Scandal Deepens April 27, 2016 By Craig Trudell, Masatsugu Horie and Monami Yui For the second time in about a decade, Mitsubishi Motors Corp. faces a scandal that poses an existential threat. The...
Aspen Re Appoints Cardona as Managing Director for Latin America & Caribbean April 27, 2016 Aspen Insurance Holdings Ltd.announced that its reinsurance segment, Aspen Re has appointed Hugo A. Cardona as managing director for Latin...
Japan Aims to Beef up Nuke Safety Check Competency After Bad Review April 26, 2016 Japanese nuclear regulators said Monday they will revise laws, nearly double inspection staff and send some inspectors to the U.S....
Reconstruction of Quake-Damaged Heritage Sites Begins in Nepal April 26, 2016 Nepal’s prime minister announced this week the start of reconstruction of key heritage sites in and around the capital that...
Economic Property Damages of Japan Earthquakes to Cost $2.5B-$3.5B: RMS April 25, 2016 RMS, the Newark, Calif.-based catastrophe risk management firm, estimated that economic property damage for both the April 15 moment magnitude...
Australia Nears Record for Fewest Cyclones Since 1970 – Thanks to El Niño April 25, 2016 By Brian K. Sullivan El Niño is getting some of the credit as Australia nears a record for the fewest tropical cyclones since 1970....
Bangladesh Bank Cyber-Heist Hackers Exploited Vulnerabilities in SWIFT Software April 25, 2016 By Jim Finkle The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform...