U.K.-based Juniper Research Ltd. has said in a report that data breaches would cost businesses up to $2.1 trillion globally by 2019, reported SC Magazine UK. Read more »

Swiss Re Ltd. has said that new rules such as Solvency II and an influx of alternative capital would fuel more mergers and acquisitions in the insurance sector, reports Swissinfo.ch citing Bloomberg. Read more »

Jorge Claude, executive vice president of Chile's insurance association, said that insurers will disburse between $400 million and $450 million following recent floods in the country's northern region, reports Eleconomista.com.mx. Read more »

U.S.-based security firm Root9B has warned that a group of Russian hackers is preparing to attack banks globally, reports Reseller News. Read more »

A fresh earthquake of magnitude 7.3 has hit Nepal, killing at least 66 people in the country and the neighboring nations of India and China, reports Reuters. Read more »

Japan has been hit by strong winds and heavy rain as typhoon Noul passed over central and eastern regions of the country, reports The Japan Times. Read more »

Marine insurer Gard A.S. recorded $87 million in net earnings for the year ending Feb. 20, 2015, reports IHS Maritime 360. Read more »

The ongoing military conflict in Yemen has put the country's insurance sector in a dire situation, reported Asia Insurance Review citing Yemen News. Read more »

Local authorities have said that an accident at Dahai coal mine in China's Yunnan province has claimed five lives, reported Xinhua. Read more »