A 7.0 magnitude earthquake struck Christchurch, New Zealand in the early hours of Saturday, 4 September. Significant and widespread damage to infrastructure has been reported, but there were no casualties.
Lloyd’s is to trial iPads in its underwriting room. Set to commence in early September, the trial will see the iPads used as an alternative to the traditional underwriting slips.
Optial announced today that it has signed contracts with Exeter Friendly Society for the Optial SmartStart OpRisk on Demand solution for Operational ...
Businesses relying on traditional public liability policies to insure against environmental risks may be dangerously exposed to new laws designed to make polluters pay for the damage they cause.
A new industry guide Environmental Risks: insured or not? states that the gap between traditional insurance cover and the range of environmental liability exposure has become uncomfortably wide and will get wider.
Sucden Financial has signed a deal with Gold-i and DealHub, enabling the commodity and financial futures and options broker to offer MetaTrader 4 to ...
Fidessa group plc (LSE:FDSA) provider of award-winning trading systems, market data and global connectivity for buy-side and sell-side firms, today ...
SIX x-clear Ltd and LCH.Clearnet Limited (LCH.Clearnet), have today published the complete documentation which covers the existing interoperability ...
Major Hurricane Earl has re-strengthened to category four status in the last 24 hours as it continues to track north-northwest, threatening portions of the US mid-Atlantic coast. A direct landfall is not forecast by the NHC “best track” at this stage. However, Earl could still bring hurricane force winds to the outer banks of North Carolina as it bypasses within the next 24 hours as a cat 3 hurricane.
Marsh has launched a specialist contamination insurance product for water utility firms globally. The product is the first of its kind to offer coverage for drinking water contamination, including losses associated with a terrorist attack, extortion costs and goodwill payments to customers.
Vodafone UK has attained the globally recognised ISO/IEC 27001:2005 (ISO 27001) certification relating to the provision of IT services such as application hosting, data management, technical support and consultancy for its business customers.
With the National Hurricane Center projecting that Hurricane Earl could impact the Mid-Atlantic region by tomorrow (Thursday), Zurich is advising businesses to ensure storm preparations are made.
“Businesses in the Mid-Atlantic should know that there are measures that can be taken now, even as a hurricane approaches, which can help mitigate costly losses during and after the storm,” said Armand Fernandez, chief risk engineering officer, Zurich Services Corporation.
Aon Risk Solutions has appointed Craig Preston, currently chief commercial officer (CCO) of Aon’s Crisis Management business, as area director responsible for Aon Corporate’s Reading and Southampton offices. John Harris, currently executive director with regional responsibilities for ACM UK and Ireland, will be taking over as global CCO of Crisis Management.
A report into the hacking of corporate security networks shows that a vast majority come across a misconfigured network – which, according to that 76% of the sample, was the easiest IT resource to exploit.