How Brexit Raises Risk of Financial Instability for U.S. July 26, 2016 The U.S. financial system faces greater potential instability due to Britain’s decision to leave the European Union while low and...
Lloyd’s Has Potentially Large Exposure to Catastrophic Cyber Attack: Adsensa Review July 25, 2016 A review of almost 400 reinsurance contracts underwritten at Lloyd’s of London has revealed potentially significant vulnerabilities and exposures if...
Cyber Attacks on Financial Firms Up; Ransomware Attacks Way Up: Beazley July 22, 2016 Financial institutions including small banks and credit unions faced a huge spike in the number of hacking and malware attacks...
Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study July 22, 2016 Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and...
Global Insured Losses Hit $30B in 1H 2016, 30% of Economic Losses: Aon Benfield July 21, 2016 Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion...
Risk Managers Fear Cyber and Liability Risks of Autonomous Vehicles: Survey July 20, 2016 By Alex Webb Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted...
Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report July 20, 2016 By L.S. Howard The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well...
Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global July 18, 2016 Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall...
What Keeps D&Os Awake at Night? Coverage Concerns Rise Up the List July 18, 2016 By L.S. Howard There are lots of emerging liability risks that may be keeping corporate directors and officers awake at night, which is...
UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums July 18, 2016 Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314* motor insurance policyholders in the...