Data of 515,000 People at Risk After ‘Sophisticated’ Hack of Red Cross January 21, 2022 By Thomas Mulier and William Turton The International Committee of the Red Cross said that personal data of 515,000 vulnerable people were compromised in a “sophisticated”...
Shell Appeals $2 Billion Court Judgment in Nigerian Oil-Spill Case January 21, 2022 By William Clowes A Nigerian court will hear Royal Dutch Shell Plc’s appeal to overturn an almost $2 billion award against the company...
Russian-Backed Actors Targeting Canada’s Infrastructure, Intelligence Agency Warns January 21, 2022 Network operators of critical Canadian infrastructure should boost their defenses against Russian state-sponsored threats, Canada’s signals intelligence agency said on...
People Moves: Lloyd’s Names Chubb’s Miller as Commercial Dir.; Chubb Promotes Meyer to Switzerland Country Pres.; WTW Hires Aon’s Weda for Corp. Risk & Broking, Benelux January 20, 2022 This edition of International People Moves details appointments at Lloyd’s, Chubb and Willis Towers Watson (WTW). A summary of these...
Oil Spill Caused by Massive Waves From Tonga Is ‘Ecological Disaster’ for Peru January 20, 2022 By Marco Aquino An oil spill at a refinery in Peru during high waves caused by the explosion last weekend of a volcano...
In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline January 20, 2022 By L.S. Howard Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting...
Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling January 20, 2022 Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed...
UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market January 20, 2022 Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France,...
Cyber MGA Resilience Becomes Lloyd’s Coverholder January 20, 2022 Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s. As...
Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules January 20, 2022 By Karin Matussek Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt...