China will use all necessary means to protect its information security, including the use of its military, striking a hard line in the country’s first strategic report on cybersecurity. Zhao Zeliang, director general of the bureau of cybersecurity for the …
Deutsche Bank AG and Credit Suisse Group AG agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in …
Up to 10 percent of jobs in London’s financial district may be lost if Britain fails to secure adequate access to European Union markets after Brexit, a City of London official said on Wednesday. Bankers first called for full access …
The twin forces of regulation and technology will see the emergence of new distribution models in 2017. This sounds like a commonly heard disrupter scenario for the U.S. and European markets, but it’s actually a prediction for the future of …
Specialist global insurer Hiscox has announced the appointment of Trish White as London regional manager for Professional and Specialty Commercial lines within Hiscox UK. White joins Hiscox from AIG, where she had worked since 2007 in a range of roles …
Potential leaks of personal user data collected by internet giants and online services will be one of the major cyber-security threats of 2017, according to computer safety company Kaspersky Lab. “Users have de facto become hostages as today they can’t …
China’s insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, said three people with knowledge of the matter. Concerns …
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market knowledge and patience. Providing a heads-up for such …
Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A qualified solicitor, Holland has 26 years of re/insurance experience …
Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is instead focusing on a listing in mainland China, people familiar with the matter said. Lukewarm overseas interest and an attempt …
