Swedish central bank files police report after IT firm hit by ransomware attack
Sweden’s Riksbank has filed a police report after a ransomware attack on software firm Tietoevry knocked out some of the central bank’s IT systems.
Catastrophe losses could top $200 billion this year: Zaffino
Catastrophes, Financial Results, P/C Insurers, P/C Pricing, Property AIG
SynapseFI raises $17m for fintech back office platform
SynapseFI, a San Francisco-based startup that provides things like payment and lending products to fintech firms via APIs, has raised just over $17 million in a Series A funding round led by Trinity Ventures and Core Innovation Capital.
Global insurtech new funding falls 61.9%: Gallagher Re
Agents and Brokers, P/C Insurers, Reinsurance, Technology China, India, United Kingdom Arthur J. Gallagher & Co.
Hackers linked to Russian spy agency claim Ukraine cyberattack
Cyber Risks Central & Eastern Europe, Russia
Moody’s places Peak Re’s ratings on review for downgrade
Moody’s has placed the A3 insurance financial strength (IFSR) rating of Peak Reinsurance Company Limited (Peak Re) under review for downgrade.
Rising US homeowners insurance costs driven by nat cat losses and inflation: Triple-I
Homeowners insurance costs in the US have been on the rise since COVID, largely due to increased losses from natural catastrophes and persistent inflation, according to the Insurance Information Institute (Triple-I).
HDI Global names Hannah Brooke Head of Marine Cargo Underwriting for UK and Ireland
Commercial and specialty lines insurer HDI Global has announced the appointment of Hannah Brooke as Head of Marine Cargo Underwriting for the UK and Ireland, effective from January 1, 2025.
Don Matz appointed President & CEO of Resolute partner PNC
Producer’s National Corporation (PNC), an insurance holding company that develops insurance solutions for US customers, has announced the appointment of Donald Matz as its President and Chief Executive Officer, effective August 15, 2022.
Gallagher Re appoints Jennifer Jones as Executive Director for Marine and Energy
Gallagher Re, a global reinsurance brokerage and risk advisory firm, has announced the appointment of Jennifer Jones as Executive Director for Marine and Energy.
Addresscloud and Artificial partner to deliver ‘hyper-accurate’ US property risk data
Addresscloud, a UK geocoding and property intelligence expert, and Artificial, a London-based algorithmic underwriting and placement company, have partnered to enhance property intelligence and risk insights.