Blink Parametric, the Cork, Ireland-based insurtech, has announced a major expansion of its flight disruption insurance platform in Central & Latin America, scheduled for launch this month. The partnership between Blink and Terrawind Global Protection, a global travel assistance solutions …
AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection will be offered to small businesses globally to help improve their …
February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to insurance broker Aon plc in its monthly Global …
Arch Insurance International has announced the launch of a new transport and logistics insurance division and the appointment of Steve O’Gorman as head of Transport and Logistics, effective immediately. The new division offers a range of specialist and marine and …
LONDON – Britain’s cyber security body urged organizations to install the latest Microsoft updates as a matter of urgency on Friday, after the company became aware of flaws that make email servers vulnerable. “We are working closely with industry and …
Specialist insurer Hiscox announced the appointment of Isha Patel to head of Direct Commercial within Hiscox UK. Patel joined Hiscox in 2013 and since then her experience has spanned operations, finance and sales with roles in both the Hiscox Retail …
Credit Suisse Group AG froze four more funds that invested in the bank’s $10 billion supply chain finance strategy, adding to the widening scandal surrounding the bank’s exposure to Lex Greensill’s failed empire. The additional funds have about $1.2 billion …
OKUMA, Japan – A decade ago, a massive tsunami crashed into the Fukushima Daiichi nuclear power plant. Three of its reactors melted down, leaving it looking like a bombed-out factory. Emergency workers risked their lives trying to keep one of …
BEIJING – China’s Ant Group flagged a set of financial self-discipline rules on Friday amid intense scrutiny on its activities by authorities and the country’s overall tightening of financial technology regulations. The rules, the first of their kind released publicly …
AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive Officer Rolf Martin Schmitz to …
