Chinese Hacking Group Resumes Global Attacks on Companies, Agencies December 19, 2019 By Ryan Gallagher A Chinese government-linked hacking group that was thought to be dormant has been quietly targeting companies and government agencies for...
Alibaba Unveils Management Changes Including CEO for Ant Financial December 19, 2019 By Zheping Huang and Jun Luo Alibaba Group Holdings Ltd. and finance affiliate Ant Financial unveiled a series of management changes, including a new chief executive...
Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany December 18, 2019 Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation...
British Accountants Under Pressure to Do More to Detect Fraud at Companies December 18, 2019 By Sinead Cruise and Huw Jones British accountants could be required to look for fraud at companies they audit under proposals made in a government-backed review...
Irish Plane Lessor Seeks $185M from Boeing for 737 MAX-Related Losses December 18, 2019 An Ireland-based plane lessor sued Boeing Co. on Tuesday for breaching a contract for 22 of the U.S. planemaker’s 737...
UK Financial Services Sector Remains Resilient Ahead of Brexit: Research December 18, 2019 Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union...
Arthur J. Gallagher & Co. Acquires Canada’s SBW Employee Benefits December 18, 2019 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Halifax, Nova Scotia-based Sinclair Billard and...
British Watchdog FCA Probes Data Sharing in Financial Services December 17, 2019 By Huw Jones Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings,...
Pirates Attack Oil Tanker in West Africa, Kidnapping Another Crew December 17, 2019 By Olivia Konotey-Ahulu, Prejula Prem and Alex Longley An oil tanker was attacked on Sunday in West Africa’s Gulf of Guinea and most of its crew were kidnapped,...
Ed Bermuda Taps Simons from Marsh as Head of Business Development December 17, 2019 Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Mark Simons as head of Business Development and...