Remote Working Causes Cyber Attacks to Skyrocket, Says Financial Stability Board July 13, 2021 By Huw Jones Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from...
Olympics Ban on Spectators to Cost Reinsurers Far Less Than Cancellation: Fitch July 13, 2021 Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector $300 million to...
People Moves: New Hires at Conner Strong & Buckelew, Markel Corporation, LL Global July 13, 2021 Conner Strong & Buckelew Hires Hanna as Vice President of Enterprise Risk Management Conner Strong & Buckelew, a Camden, New...
Broker Ardonagh Opens Data and Risk Management Center in Ireland, Bringing 60 Jobs July 13, 2021 The Ardonagh Group, a top 20 global insurance broker and the UK’s largest independent insurance broker, announced it will open...
Hub International Limited Acquires Virginia’s Pete Webb Agency July 13, 2021 Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired the insurance brokerage assets of Pete...
Swiss Markets Watchdog FINMA Names Angehrn from Zurich Insurance as Next CEO July 13, 2021 By John Miller ZURICH – Switzerland’s markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss,...
Former Maryland Office Administrator Faces Federal Charges for Defrauding Employer July 13, 2021 A former office administrator in Maryland is facing federal charges for defrauding her employer of more than $700,000 for fraudulently...
Ever Given Container Ship Resumes Trip to Rotterdam After 112 Days in Egypt’s Waters July 13, 2021 The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local...
Rising COVID Outbreaks on Ships Endanger Maritime Workers, Risk Trade Disruptions July 13, 2021 By K. Oanh Ha, Ann Koh and Claire Jiao Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime...
Canadian Municipalities Face Surging Liability Insurance Costs July 13, 2021 By Nichola Saminather TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance...