Article 0 Comments South Korean police said on Monday they were tracing IP addresses and looking into possible tech vulnerabilities at Coupang after the e-commerce giant suffered the country’s worst data breach in over...
Article 0 Comments Shares of China Taiping Insurance Holdings fell as much as 8% on Thursday [Nov. 27] on concerns about its coverage exposure of more than $200 million to a Hong Kong apartment...
Article 0 Comments This edition of International People Moves details appointments at Tokio Marine Kiln and Hampden Risk Partners. A summary of these new hires follows here. Tokio Marine Kiln Taps Beresford From CNA...
Article 0 Comments Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according to the World Bank. Jamaica’s $150 million cat bond, which was...
Article 0 Comments The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to property intelligence company Cotality. The insured losses are a fraction of...
Article 0 Comments Days after thieves took just minutes to steal eight pieces of the French crown jewels from the Louvre, a former bank robber says he warned a museum official of glaring weaknesses...
Article 0 Comments The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the...
Article 0 Comments Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major...
Article 0 Comments Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh...
Article 0 Comments Special Contingency Risks (SCR), a WTW business, has launched an Enhanced Victim Support insurance extension (EVS) to support hostage victims. The SCR initiative launches as part of an exclusive partnership with...