Driver Concerns Over the Future of Autonomous Vehicles: AIG Study October 3, 2017 Safety of the vehicles, including the risk of hacking, are key concerns when it comes to autonomous vehicles, according to...
Growing List of Re/Insurers Make Decisions on Post-Brexit EU Headquarters October 3, 2017 Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become...
Banks Seek More Insurance Protection Against Cyber Attacks, Rogue Traders August 30, 2017 By Carolyn Cohn Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and...
Demand for Cyber Insurance in China Expected to Rise After WannaCry Attack: AIG August 9, 2017 By Julie Zhu Demand for cyber insurance from firms in Greater China and elsewhere in Asia is poised to soar, based on inquiries...
AIG Discloses It Could Face Claims from London’s Grenfell Tower Fire August 4, 2017 By Katherine Chiglinsky and Natasha Rausch American International Group Inc., the provider of commercial insurance, told regulators it could face claims costs from the Grenfell Tower...
UK’s Legal & General Chooses Dublin as Post-Brexit Base for Some Operations May 26, 2017 By Padraic Halpin British insurer Legal & General said it will move some of its investment management operations to Ireland to ensure it...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
Many Non-U.S. Firms May Be Uninsured for Recent Ransomware Attack May 15, 2017 By Carolyn Cohn and Suzanne Barlyn Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions...
Luxembourg ‘Not Offering’ Special Deals to Lure Financial Firms After Brexit May 5, 2017 By Jamie McGeever Luxembourg is in talks with a wide range of financial firms looking to relocate out of London as Britain leaves...
AIG Completes Sale of Japanese Life Unit to FWD Group May 2, 2017 American International Group announced it has successfully completed the sale of AIG Fuji Life Insurance Co. Ltd. (AFLI) to FWD...