MasterCard and Visa warn of massive security breach, insurers highlighting the need for cyber security

Financial giant MasterCard has announced that there may have been a breach in its security systems this week. The potential breach is linked to a…

Connecticut Becomes First U.S. Insurance Regulator to Join International Information Exchange Agreement

Membership Strengthens International Supervisory Cooperation, Promotes Enhanced Consumer Protection Connecticut Insurance Commissioner Thomas B. Leonardi and Peter Braumüller, Chairman of the Executive Committee of the…

Samsung Life Insurance to invest in distressed assets from U.S. and Europe

As the economies of Europe and America continue to struggle, Asian insurers are seeing great opportunity for investments. Samsung Life Insurance, the largest insurance group…

China Auto Logistics announces the addition of vehicle coverage to its available services

China Auto Logistics Inc. – one of the top website developers in the country for sellers and buyers of both domestic and imported vehicles, as…

Federal Insurance Office anticipated report on modernizing insurance regulations delayed

The Federal Insurance Office was supposed to submit its much anticipated report on the modernization of insurance regulation to Congress in January, but the agency…

WillisWire report highlights the emerging risks facing the global insurance industry

The global insurance industry has been facing many threats in recent years, the majority of which coming from unpredictable natural disasters. The world is changing…

ING Group to abandon plans for combined insurance and investment operations in Europe and Asia

The ING Group, a Dutch financial institution working in the banking and insurance industries, has announced that it will be abandoning its plans for a…