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Ransomware is the most prevalent variety of malicious software and attacks doubled since 2017, according to Verizon’s 2018 Data Breach Investigations Report (DBIR). 10 April 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Houston-based retail property/casualty broker Integrity Transportation Insurance Agency. 10 April 2018
Insurance
The London Market Group (LMG) has appointed Andrew Horton, CEO of Beazley as its new chair with effect from May 4, 2018. 9 April 2018
Insurance
The global re-Takaful market has suffered from poor quality business underwriting intrinsically linked to the underperformance of the primary Takaful sector, said Dave Matcham, chief executive of the International Underwriting Association in a speech delivered April 9 at the World Takaful Conference in Dubai. 9 April 2018
Insurance
The 2018 Atlantic hurricane season (June 1 to Nov. 30) is expected to result in 14 named storms, causing a “slightly above-average” hurricane season, according to Colorado State University researchers. 6 April 2018
Insurance
The high cost of doing business, due to high acquisition and administration, will continue pressuring underwriting results in the London insurance market in 2018, prompting Fitch Ratings to keep a negative sector outlook for the industry. 6 April 2018
Insurance
Lloyd's has opened a new office in Casablanca Finance City (CFC) to provide tailored risk solutions in North Africa while appointing Salah El-Kadiri as its general representative. 6 April 2018
Insurance
Howden, part of Hyperion Insurance Group, has entered into a definitive agreement to acquire a majority stake in Istanbul-based insurance broker ACP. 6 April 2018
Insurance
Roy Wright has resigned as the chief executive of Federal Emergency Management Agency‘s (FEMA's) National Flood Insurance Program (NFIP) to lead the Insurance Institute for Business & Home Safety (IBHS). 6 April 2018
Insurance
Property/casualty insurer Chubb has made two executive appointments in its North America insurance operations following the departure of Gerard Butler, president, field operations, North America insurance. 6 April 2018
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