German Fuel Storage Firm Mabanaft Still Unable to Restore Operations After Cyber Attack February 14, 2022 By Rachel Graham Germany’s Mabanaft GmbH & Co. KG, the fuel storage and distribution company that suffered a cyber attack at the end...
More Airlines Avoiding Ukraine Airspace Amid Insurance Issues February 14, 2022 By Jamie Freed More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European carriers to stop...
India’s Life Insurance Corp. Files IPO Papers to Potentially Raise $8 Billion February 14, 2022 By Nupur Anand, Aftab Ahmed and Sudarshan Varadhan State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its...
Catholic Church Sex Abuse Panel in Portugal Receives 200 Allegations in First Month February 11, 2022 By Barry Hatton A lay committee looking into historic child sex abuse in the Portuguese Catholic Church said Thursday that during its first...
Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion February 11, 2022 FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital...
Google’s Online Ad Business Targeted in European Publishers’ Antitrust Complaint February 11, 2022 By Foo Yun Chee BRUSSELS – Alphabet unit Google on Friday became the target of an antitrust complaint by the European Publishers Council over...
Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik February 11, 2022 Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a...
AXA Completes Sale of Singapore Business to HSBC February 11, 2022 AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific)...
Cyber Criminals Nabbed $1.3B in Ransom Payments Over 2 Years: Report February 11, 2022 By Ilena Peng Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in...
People Moves: Liberty Specialty Mkts Names Beattie Head of War & Terrorism; New Dawn Risk Hires Aon’s Khan for Professional Risks, Lothbury’s Vernon for Healthcare/Life Sciences February 10, 2022 This edition of International People Moves details appointments at Liberty Specialty Markets and broker New Dawn Risk. A summary of...