Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community October 1, 2021 MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason,...
People Moves: Lockton Hires WTW’s Danyluk as Head Int’l Property, Wholesale; HSB Promotes Prentice in Cyber; Apollo’s Ker Becomes Castel’s Head of Performance September 30, 2021 Lockton Names WTW’s Danyluk as Head Int’l Property in Wholesale P/C Lockton, the world’s largest privately owned independent insurance broker,...
Allianz Transfers Legacy Life Portfolio to Resolution Re, Using Quota Share Reinsurance September 30, 2021 Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a...
Re/Insurance Cyber Rates Could Double Before 2023, as Attacks Skyrocket: S&P September 30, 2021 By L.S. Howard The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and...
Willis Re Launches Flood Model for MENA Region September 30, 2021 Willis Re has launched a new flood model for the Middle East and North Africa (MENA) region, which enables re/insurers...
Funds Demand Science-Based Emissions Targets From 1,600 Most Polluting Firms September 30, 2021 By Simon Jessop Funds managing nearly $30 trillion in assets called on Wednesday for 1,600 of the world’s most polluting companies to “urgently”...
Hong Kong Firms, Including FWD, Are Flagging China Risks in U.S. IPO Filings September 30, 2021 By Julia Fioretti Hong Kong-based companies with little to no presence in mainland China are the latest to warn about the risks they...
UK Financial Services Sector Calls for Eased Visa Requirements to Keep Competitiveness September 30, 2021 By Huw Jones LONDON — Britain’s financial sector has called on the government to ease visa requirements on overseas staff who want to...
MS Amlin AG Enters Agriculture Reinsurance Market, Hiring Bektleuov From PartnerRe September 29, 2021 MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of...
Cash-Strapped China Evergrande Sells Bank Stake to Repay Loan September 29, 2021 By Clare Jim and Karin Strohecker Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday,...